Zenhoren Reports Mitsubishi UFJ Financial Group's Dominant Shareholding
TOKYO, Jun 24 (Pulse News Wire) – Zenhoren CO.,LTD. (5845.T) disclosed that Mitsubishi UFJ Financial Group holds a controlling stake of 51.17%, making it the dominant shareholder as of March 31, 2026.
TOKYO, Jun 24 (Pulse News Wire) – Zenhoren CO.,LTD. (5845.T) disclosed that Mitsubishi UFJ Financial Group holds a controlling stake of 51.17%, making it the dominant shareholder as of March 31, 2026.
Additionally, Mitsubishi UFJ Trust and Banking Corporation, also part of the group, owns another 51.17%. In maintaining independence while fostering growth, Zenhoren entered into a capital business alliance with Mitsubishi UFJ Nicos Corporation and Mitsubishi UFJ Bank, subsidiaries of Mitsubishi UFJ Financial Group. This agreement supports domestic retail expansion and enhances life-time value, aiming to further drive Zenhoren’s business growth through shared resources and expertise.
Under the alliance, Mitsubishi UFJ Financial Group retains two board member nomination rights, with two out of eight directors appointed by Mitsubishi UFJ Trust and Banking Corporation. Two executive officers from Mitsubishi UFJ Nicos Corporation are also deployed to support Zenhoren’s operations. The company ensures minority shareholders' interests are protected through rigorous procedures and independent outside directors comprising more than one-third of the board.
