TOKYO, Jun 29 (Pulse News Wire) – Moonbat CO.,LTD. (8115.T) disclosed that Eighty Wood Commerce Co., Ltd.
Holds 24.49% voting rights, making it the largest shareholder. Eighty Wood Commerce is involved in the procurement and sales of textile products and foodstuffs. As of March 31, 2026, MOONBAT had direct dealings with Eighty Wood Commerce, primarily in the purchase of raw materials and goods. Despite this relationship, MOONBAT maintains independent decision-making through its board of directors and does not accept personnel dispatch from Eighty Wood Commerce.
In addition, MOONBAT reported total related-party transactions amounting to ¥326,708 with Eighty Wood Commerce during the fiscal year ending March 31, 2026. These transactions included the procurement of textile products and other goods. The company ensures minority shareholders' protection by setting fair conditions similar to those used with unrelated companies or based on market prices. Furthermore, MOONBAT clarified that Eighty Wood Commerce is not a continuing reporting entity and there are no plans to alter their relationship within the corporate group structure.
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