ZOZO Reports Significant Shareholding by SoftBank Group

TOKYO, Jun 29 (Pulse News Wire) – Zozo,inc. (3092.T) disclosed significant shareholding details as of March 31, 2026.

SoftBank Group Corp. holds 51.9% of voting rights through various subsidiaries, including Line Yahoo Inc., which appoints two directors to ZOZO's board. Line Yahoo Inc.'s influence extends beyond governance, with key transactions such as advertising services, e-commerce operations, and payment solutions. Notably, ZOZO maintains operational independence despite these ties, ensuring respect for its own management decisions and employee policies.

As of June 29, 2026, ZOZO reported ongoing commercial activities with Line Yahoo Inc., totaling approximately ¥4.832 billion in receivables related to advertising and settlement services. Additionally, transactions with subsidiary SB Payment Services Co., Ltd. amounted to ¥31.953 billion. ZOZO adheres strictly to fair trading principles outlined in its internal regulations to protect minority shareholders' interests during dealings with controlling stakeholders.