Maxvalu Tokai Co.,Ltd. [8198.T]
TOKYO, May 29 (Pulse News Wire) – Maxvalu Tokai CO.,LTD. (8198.T) disclosed intercompany transactions with its major shareholder, Ion Corporation, for the fiscal year ending February 28, 2026.
During this period, Maxvalu Tokai received funds worth ¥28.42 billion from Ion Corporation, which was deposited and managed for interest income amounting to ¥34.50 billion. As of February 28, 2026, Ion Corporation held a controlling stake of 64.55%, directly owning shares equivalent to that percentage. Additionally, Maxvalu Tokai accepted ten transfers of personnel from group companies during the same period.
The company maintains independent operations while respecting the autonomy of its affiliated entities within the broader Ion Group, aiming for sustainable growth and improved performance through close cooperation. Regarding minority shareholders' protection, Maxvalu Tokai ensures fair dealings with related-party transactions. Interest rates for fund management are determined reasonably based on TIBOR.
All such transactions are conducted transparently, adhering to principles aimed at maximizing overall enterprise value and shareholder benefits.
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