ZOZO (JP:3092) has released an update.
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ZOZO, Inc. has announced its controlling shareholder structure, highlighting that LY Corporation, through various entities, holds a total of 51.5% voting rights in the company. The influence of LY Corporation is significant, as it dispatches two directors who provide guidance and recommendations for ZOZO’s business operations, ensuring a degree of independence for ZOZO’s management decisions and operations.
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