INTAGE Upholds Independence Amidst NTT Ownership

INTAGE Holdings Inc. (JP:4326) has released an update.

INTAGE HOLDINGS Inc. has disclosed its controlling shareholder structures, with Nippon Telegraph and Telephone Corporation (NTT) indirectly holding a 51% voting stake through NTT DOCOMO. The company asserts its operational independence despite this ownership, with a board comprised of 41.6% independent outside directors and no material transactions with NTT for the fiscal year ended June 2024. Measures are in place to protect minority shareholders, ensuring fairness and independent decision-making in transactions with the NTT Group.

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