SKY Perfect JSAT Holdings Inc. [9412.T]
TOKYO, Apr 30 (Pulse News Wire) – SKY Perfect JSAT Holdings Inc. (9412.T) disclosed the voting rights ratio held by foreign shareholders as of March 31, 2026.
According to the report, foreign shareholders hold a total of 60,646,687 shares, corresponding to 606,425 voting rights out of a total of 297,681,264 outstanding shares and 2,833,277 voting rights. This results in a voting rights ratio of 21.40%.
Under the Broadcasting Law, companies providing key broadcasting services, such as SKY Perfect JSAT Holdings, are obligated to announce changes in foreign shareholder voting rights every six months if the ratio exceeds 15%. Additionally, should foreign shareholders collectively own more than one-third of the voting rights, the company risks losing its satellite broadcasting license under the Radio Act.
This disclosure highlights the regulatory scrutiny surrounding foreign ownership in key broadcasting entities, emphasizing the importance of maintaining compliant voting structures.
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