Fukui Computer Holdings is telling investors two things at once: the current ownership structure is still in place, and the company expects that structure to change if its merger with Daitec Holdings clears this June and closes next year.
Current setup
As of March 31, Daitec directly held 47.14% of Fukui Computer’s voting rights, placing it above the listed company as what the filing classifies as an “other related company”. Fukui says it runs its businesses under its own management policy and does not receive business constraints or economic support from Daitec’s group.
The disclosed related-party dealings look limited. Fukui says it leases office space from Daitec, paying ¥12 million in the year to March 2026, with a ¥1 million year-end balance, and says the terms were set after considering nearby market rents.
What changes if the merger closes
The bigger point sits in the note under the ownership table. Fukui says both boards approved an absorption-type merger on February 13, planned to take effect on April 1, 2027, with Fukui as the surviving company and Daitec as the disappearing company, under what the filing calls a spirit of equality. If shareholders approve the plan at annual meetings scheduled for June and the merger becomes effective, Daitec will no longer count as Fukui’s “other related company”, and Fukui expects changes in its major-shareholder status and in the category of controlling shareholder other than a parent.
This filing does not identify who would hold that post-merger status. It only says the classifications are expected to change, so readers should treat the future structure as contingent rather than settled.
Why it matters
The supporting disclosure on the non-listed Daitec helps explain why the reshuffle matters. Daitec describes itself as a holding company for subsidiary management, general affairs, human resources and accounting. It says there are no personnel ties to disclose with Fukui.
Daitec is also tightly held. Its filing says three shareholders account for 98.81% of its shares: LGT Wealth Management Trust Co. with 55.88%, the Hori Science and Arts Promotion Foundation with 23.16%, and representative director Seiichiro Hori with 19.77%. So the current structure combines a concentrated upstream ownership layer with a listed subsidiary that says its day-to-day management remains independent. If the merger completes, that layer disappears as a separate shareholder entity. Until then, the present setup remains the operative one.