Japan System Techniques Co., Ltd. (JP:4323) has released an update.
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Japan System Techniques Co., Ltd. (JAST) disclosed its controlling shareholders, with JUST Co., Ltd. being the largest at 24.34% of voting rights and MIRI Capital Management LLC holding 24.18%. Both affiliated companies are categorized as ‘other affiliated companies’, and despite significant holdings, they do not conduct business with JAST, preserving a degree of independence for the company. JAST’s CEO, Takeaki Hirabayashi, has ties with both controlling entities, yet the company maintains that it operates without restraint from these shareholders.
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