Hikari Tsushin becomes Token Corporation's other affiliated company

Token Corporation has announced that HIKARI TSUSHIN, INC. has become an Other Affiliated Company as of September 19, 2025. This reclassification follows the confirmation that HIKARI TSUSHIN, INC., through its subsidiaries, indirectly holds 20.76% of Token Corporation's voting rights, surpassing the 20% threshold. Previously, as of May 27, 2025, HIKARI TSUSHIN, INC. held 19.67% of the voting rights.

HIKARI TSUSHIN, INC., established on February 5, 1988, is engaged in corporate services, personal services, and brokerage services. As of March 31, 2025, it reported share capital of ¥54,259 million, consolidated net assets of ¥943,569 million, and consolidated total assets of ¥2,371,026 million. Its major shareholder is HIKARI POWER LIMITED, with a 29.02% ownership ratio.

The decision to include HIKARI TSUSHIN, INC. as an other affiliated company was made after confirming the equity method accounting treatment and consulting with Token Corporation's accounting auditor. Token Corporation reported no changes to its unlisted parent company or future outlook.