TOKYO, June 29 (Pulse News Wire) – Smile Holdings Inc. (7084.T) disclosed that its president and CEO, Masafumi Nakano, holds a significant controlling stake in the company through direct ownership.
As of March 31, 2026, Nakano's direct shareholding represents 22.79% of voting rights, while his indirect holdings account for an additional 49.17%, bringing his total control to 71.96%. Nakano’s majority stake does not involve any related-party transactions, according to the company.
To protect minority shareholders, Smile Holdings stated that it will ensure the fairness and reasonableness of any potential dealings with Nakano by obtaining prior approval from the audit committee and conducting thorough deliberations within the board of directors. The company emphasized adherence to laws and regulations to safeguard the interests of both the corporation and its smaller investors.
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