Showa Holdings Co.,Ltd. [5103.T]
TOKYO, Jun 24 (Pulse News Wire) – Showa Holdings CO.,LTD. (5103.T) disclosed updates on its non-public parent company, A.P.F.
Group Co., Ltd., which remains under investigation to confirm its status as a significant shareholder. As previously reported on June 30, 2021, Showa Holdings lacks direct listing of A.P.F. Group on its shareholder registry, instead showing trust company SIX SIS LTD. as holding the voting rights. As of March 31, 2026, A.P.F. Group operates solely out of the British Virgin Islands, with its sole shareholder being Chisa Masashi based in Phnom Penh, Cambodia. The company’s capital stands at $50,000.
A.P.F. Group does not prepare financial statements due to local regulations but is currently undergoing legal proceedings initiated on May 10, 2022, to clarify its role as a substantial shareholder. Key personnel at A.P.F. Group include Nicholas James Gronow and John David Aires, both directors since July 2018. Their roles span various companies, including A.P.F. Group itself and others such as Asuka Holdings Co., Ltd. Further developments in confirming A.P.F.
Group's status as a real shareholder will be communicated promptly upon completion of ongoing verification processes.
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