The parent company directly holds 50.78% of voting rights with Nippon Printing Co., Ltd. The terms of transactions with the parent company are fair and on par with other customers. Three external directors and three outside auditors are appointed to maintain independence. 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The terms of transactions with the parent company are fair and on par with other customers. Three external directors and three outside auditors are appointed to maintain independence. Two officers hold concurrent positions.","jir_summary":"### Parent company relationship and ownership\nOur parent company is Nippon Printing Co., Ltd., directly holding 50.78% of our voting rights. Through collaboration with the parent group, we aim to promote business collaboration centered on settlement and information security, enhancing corporate value. The company has appointed three outside directors and three outside auditors to ensure independence.\n\n### Concurrent positions of directors\/auditors and independence\nThere are two concurrent-positioned executives with the parent company (one director and one auditor), forming a structure that meets independence standards. The Audit Committee comprises five members, including one full-time member. Three outside directors and three outside auditors are appointed to ensure independence in decision-making.","jir_financial_highlights":"Voting rights ownership (direct portion): 50.78 (Unknown)\nParent company: Nippon Printing Co., Ltd. (Unknown)\nListed market: Tokyo Stock Exchange Prime Market (Unknown)","jir_category":"","jir_hashtags":"#NoShareBuybackAction, #NoExecutiveReshuffleRelated","jir_key_figures":"Voting rights ownership (direct portion): 50.78%\nListed market: Tokyo Stock Exchange Prime Market\nParent company: Nippon Printing Co., Ltd.","jir_meta_title":"Intelligent Wave Inc. Disclosure on Controlling Shareholders | September 2026","jir_meta_description":"Intelligent Wave Inc. discloses its relationship with the parent company Nippon Printing Co., Ltd., highlighting voting rights ownership, fairness of transactions, and independence measures.","jir_og_title":"Intelligent Wave Inc. Disclosure on Controlling Shareholders","jir_og_description":"Summary of parent company relationship and independence measures. Voting rights at 50.78%, listed on the Prime Market, external directors appointed, etc.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57519,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-123181","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n