Japan System Techniques : 【Delayed】Information Concerning Controlling Shareholder,etc.

News Release Dated June 23, 2022

Company: Japan System Techniques Co., Ltd.

Representative: Takeaki Hirabayashi, President and CEO

Stock code: 4323, Tokyo Stock Exchange, Prime Market

Contact: Toshinori Hamada, General Manager of

Planning & Administration Division

Tel: [phone]

Information Concerning Controlling Shareholder, etc.

Japan System Techniques Co. Ltd. (JAST) hereby announces the following information concerning the controlling shareholder, etc., in respect of its related company JUST Co., Ltd. (in the case JAST is a related company of another company, such other company).

1. Name, etc. of parent company, controlling shareholder (excluding parent company), or other related company

					(As of March 31, 2022)
		Percentage of voting rights	Market where shares
Name	Category
Directly	Indirectly
Total	are listed or traded
		held	held
JUST Co., Ltd.	Related company	23.38	-	23.38	-

2. Positioning of listed company in parent company, etc. or other corporate group and relationships of other listed company with parent company, etc.

As JUST Co., Ltd. is the largest shareholder of JAST, holding 23.38% of the voting rights it falls under the category of "related company."

JUST Co., Ltd.'s main business is real estate management. It has no business dealings with JAST.

Even though the president and CEO of JUST Co., Ltd. concurrently serves as the JAST's president and CEO, JUST Co., Ltd. does not impose any restraints on the JAST's business activities or management decisions. JAST also recognizes that a certain degree of independence is ensured.

(Concurrent directors and corporate auditors)

		Position in parent	Reason for the
Position	Name	company, etc. or its
appointment
		group companies
President and CEO	Takeaki Hirabayashi	Representative Director	Founder of JAST and
parent company, etc.

3. Information concerning transactions with the controlling shareholder, etc. Not applicable.