TOKYO, Apr 30 (Pulse News Wire) – SOMAR CORPORATION (8152.T) disclosed key stakeholders and their influence on April 30. Among the related companies, Nagatsuta Corporation holds 33.2% of voting rights, making it the largest shareholder.
Other significant shareholders include Shinku Corporation, Taiwa Limited, Sonoya Corporation, Tamakosan Corporation, and Ryuwa Limited, collectively holding up to 33.2% voting rights. Nagatsuta Corporation, led by President Tsuyoshi Sokabe and his family, owns 33.2% of SOMAR's shares, classifying it as a major stakeholder. While there are no direct business operations ties, Shinku Corporation acts as an agent for some of SOMAR’s insurance policies due to its role as an insurance agency.
In addition, SOMAR leases office space from Sonoya Corporation, which also allows SOMAR employees to use its golf course at regular rates. President Sokabe concurrently serves as a director at both Sonoya and Tamakosan Corporations. Regarding transactions, SOMAR reported a prepayment of ¥80,000 for building rent and a security deposit of ¥228,032 with Sonoya Corporation.
These transactions involve indirect relationships through shared board memberships and personal connections rather than direct business activities.
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