tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Needs Well Clarifies Relationship With Major Affiliated Shareholder ODC Co., Ltd.

Story Highlights
  • Needs Well Inc. reported that ODC Co., Ltd. and related parties hold 41.76% of its voting rights.
  • The company states ODC has no role in business operations, imposes no management restrictions, and conducts no transactions with Needs Well.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Needs Well Clarifies Relationship With Major Affiliated Shareholder ODC Co., Ltd.

Claim 70% Off TipRanks Premium

Needs Well, Inc. ( (JP:3992) ) has shared an announcement.

Needs Well Inc. has disclosed that ODC Co., Ltd. qualifies as an “other affiliated company,” holding a total of 41.76% of its voting rights as of September 30, 2025, through direct and aggregated holdings amounting to 15,808,200 shares. ODC is a personal asset management firm wholly owned by a close relative of Needs Well’s founder, President and CEO, but the company emphasizes that ODC has no involvement in its business activities, imposes no restrictions on management or operations, and that there are currently no transactions with this controlling-shareholder-equivalent entity, clarifying the governance and independence of its corporate structure for investors and other stakeholders.

The most recent analyst rating on (JP:3992) stock is a Hold with a Yen559.00 price target. To see the full list of analyst forecasts on Needs Well, Inc. stock, see the JP:3992 Stock Forecast page.

More about Needs Well, Inc.

Needs Well Inc., listed on the Tokyo Stock Exchange Prime Market under code 3992 and headquartered in Chiyoda-ku, Tokyo, operates in Japan’s IT services and solutions sector, though the release does not detail its specific products or services. The company is led by President and CEO Hajime Matsuoka and has a shareholder base that includes significant holdings by related parties through an affiliated asset management company.

Average Trading Volume: 254,044

Technical Sentiment Signal: Buy

Current Market Cap: Yen21B

See more insights into 3992 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1