TOKYO, Jun 15 (Pulse News Wire) – MRK HOLDINGS INC. (9980.T) disclosed its ownership structure and transactions with parent company RIZAP GROUP.
As of March 31, 2026, RIZAP GROUP holds 56.99% of voting rights and two directors appointed by RIZAP GROUP serve on MRK's board. The companies maintain close ties through various financial arrangements, including loans and guarantees. MRK received debt guarantees from RIZAP GROUP for some bank borrowings.
Additionally, MRK pays management support fees based on reasonable agreements considering the scope of services rendered. To ensure fair dealings and protect minority shareholders, MRK conducts thorough reviews of transactions with RIZAP GROUP via a special committee established in February 2024. The committee includes external lawyers and independent directors who assess the legality and fairness of contracts and transactions.
From April 1, 2025, to March 31, 2026, the committee held 34 meetings to review loan conditions, management support fee agreements, and other related matters.
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