TOKYO, Mar 25 (Pulse News Wire) – Will Smart CO.,LTD. (175A.T) disclosed significant shareholder information related to Zenrin Corporation, its affiliated company.
As of December 31, 2025, Zenrin Corporation holds 43.83% of Will Smart's voting rights, making it the primary shareholder. Zenrin Corporation owns 43.83% of Will Smart’s shares and is considered a related party due to the application of equity method accounting.
Despite this affiliation, Will Smart maintains independence in its operations and management decisions without any operational constraints imposed by Zenrin Corporation. There are no overlapping positions held by executives between the two companies.
No transactions requiring disclosure according to the Accounting Standards for Related Party Disclosures were identified during the review.
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