SFP Holdings Co.,Ltd. [3198.T]
TOKYO, May 28 (Pulse News Wire) – SFP Holdings CO.,LTD. (3198.T) disclosed details regarding its parent company, Create Restaurants Holdings Co., Ltd., which holds 58.93% of its voting rights.
According to the disclosure, Create Restaurants Holdings owns 58.93% of SFP Holdings' shares directly, without any additional holdings through related companies. The two companies operate distinct businesses—Create Restaurants Holdings focuses on restaurant and food court operations in suburban commercial facilities, while SFP Holdings specializes in izakaya restaurants in city centers. This differentiation ensures there is currently no competitive overlap between their main operations, and no such competition is anticipated in the future. Both entities maintain operational independence within the group, aiming to enhance their presence in the market and pursue further growth.
Regarding personnel relations, one member of SFP Holdings’ board also serves as an employee of Create Restaurants Holdings due to his extensive experience and comprehensive knowledge in audit matters. This dual role is aimed at providing valuable insights and appropriate advice to SFP Holdings' management. In terms of transactions between the two companies, SFP Holdings adheres to market prices and general trading conditions, ensuring fair dealings and protecting minority shareholders' interests. A special committee composed solely of outside directors advises the board on such matters to safeguard minority shareholder rights.
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