TSURUHA HOLDINGS INC. [3391.T]
TOKYO, May 29 (Pulse News Wire) – Tsuruha Holdings Inc. (3391.T) disclosed today that its parent company, AEON Co., Ltd., held 50.3% of the voting rights as of February 28, 2026, rising to 50.9% following AEON's additional share acquisition completed on April 15, 2026.
The company emphasized its commitment to maintaining operational independence while benefiting from synergies within the larger group. Tsuruha's board retains final decision-making authority over strategic initiatives, ensuring minimal interference from AEON Co., Ltd. in day-to-day operations.
Akio Yoshida, President and Representative Executive Officer of AEON, was appointed to Tsuruha's board at its May 22, 2026 annual meeting; his extensive retail knowledge and domestic and international business experience are expected to strengthen the company’s management structure and enhance enterprise value. Regarding transactions with dominant shareholders, Tsuruha stated there are currently no significant matters requiring special attention. The company ensures minority shareholder protection by carefully evaluating the necessity and fairness of any dealings with AEON Co., Ltd. and its affiliates.
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