Maruwa Reports Kobe Art Holdings' Ownership Details

TOKYO, Jun 26 (Pulse News Wire) – Maruwa CO.,LTD. (5344.NG) disclosed details regarding the ownership structure of its related company, Kobe Art Corporation.

As of March 31, 2026, Kobe Art holds 29.57% of Maruwa's voting rights through direct ownership. Kobe Art Corporation does not engage in any transactional relationships with Maruwa Group operations. During the fiscal year ending March 31, 2026 (April 01, 2025), there were no transactions between Maruwa and Kobe Art.

Maruwa's board includes three independent outside directors among seven total members, ensuring governance integrity. Maruwa maintains its operational autonomy without any constraints imposed by Kobe Art Corporation. There are no significant impacts on Maruwa's business activities due to the relationship with Kobe Art, which ensures a degree of independence within the corporate group.