Olympic Group Corporation [8289.T]
TOKYO, Apr 30 (Pulse News Wire) – Olympic Group Corporation (8289.T) disclosed details regarding its major shareholders and related companies as of February 28, 2026. Esprit Co., Ltd., which holds 27.85% of voting rights, is considered a significant related party due to its role as the parent company of Kaneyoshi Co., Ltd., another related entity.
Additionally, Kanzawa Shunuku, deputy president of Olympic Group, serves as a director at Esprit Co., while Kanzawa Shoiki, a director at Olympic Group, also serves as a director at both Esprit Co. and Kaneyoshi Co. Regarding transactions during the fiscal year ending February 28, 2026, Olympic Group reported a transaction worth ¥12.6 million with Esprit Co.
Involving warehouse leasing and office rental services. The total amount includes a deposit and guarantee fee of ¥2.4 billion. All such transactions are subject to review and approval by the board of directors to ensure fair conditions and protect minority shareholders' interests.
Notably, neither Kanzawa Shunuku nor Kanzawa Shoiki participate in board discussions concerning these transactions due to potential conflicts of interest.
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