Starts Publishing Corporation [7849.T]
TOKYO, Mar 27 (Pulse News Wire) – Starts Publishing Corporation (7849.T) disclosed major shareholder information as of December 31, 2025. Starz Corporation holds 69.6% of the voting rights, consisting of 48.6% direct ownership and 21.0% consolidated holdings.
Additionally, Starz Amenity Co., Ltd. owns 21% of the shares. Starz Corporation, which operates a real estate and construction-focused enterprise group comprising 88 companies, acts as the holding company overseeing the group's management. Starts Publishing serves as the media division within the group, handling advertising production services for various subsidiaries. However, due to limited personnel overlap—such as board member Muramatsu Hisayuki serving as a director at Starz Corporation and Kuroda Takashi being employed there—the company maintains operational independence.
Regarding transactions, Stars Publishing reported a total transaction amount of 48.6% million yen with its parent company, primarily involving interest income from deposited funds. Transactions with related parties were conducted based on general market conditions and approved by the board of directors at the beginning of the fiscal year. Independent outside auditors also reviewed these transactions to ensure fair treatment of minority shareholders. Independent oversight measures include ensuring fair pricing through negotiation and regular board reviews of non-routine transactions. The company maintains separate financial operations and human resource policies, reinforcing its autonomy within the larger corporate structure.
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