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BOOKOFF Affirms Independence Amid Stakeholder Ties

BOOKOFF Affirms Independence Amid Stakeholder Ties

BOOKOFF GROUP HOLDINGS LIMITED (JP:9278) has released an update.

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BOOKOFF GROUP HOLDINGS LIMITED disclosed that Dai Nippon Printing Co., Ltd., along with its subsidiaries, holds a combined 16.28% of BOOKOFF’s voting rights, affirming BOOKOFF’s operational independence despite this association. The companies have no restrictive influence over BOOKOFF’s management decisions, and BOOKOFF continues to operate as an independent listed company. The appointment of Yoshikazu Muta from Dai Nippon Printing to BOOKOFF’s Audit & Supervisory Committee is aimed at enhancing governance within the BOOKOFF group.

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