TOKYO, May 29 (Pulse News Wire) – Local,inc. (470A.T) disclosed significant shareholding details as of February 28, 2026.
CEO Yoshihiro Yasuhiro holds a controlling interest of 93.48%, comprising direct holdings of 46.25% and indirect holdings through his asset management firm, Yoshinaga Co., Ltd., which owns an additional 47.23%. Additionally, the company reported related-party transactions involving its controlling shareholder. As of February 28, 2026, there were no outstanding debts or guarantees associated with bank loans or lease contracts. However, there was a debt guarantee of ¥36.946 billion related to rent agreements, representing payments made during the fiscal year without any guarantee fees exchanged.
In response to potential conflicts of interest arising from such dealings, Local,inc. adheres to strict policies aimed at protecting minority shareholders. The company generally avoids transactions with its controlling shareholder but ensures that any exceptions adhere to normal transaction conditions and do not harm minority interests. Any transactions with the controlling shareholder undergo thorough review by the board of directors to safeguard minority shareholder benefits.
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