Disclosed the ownership ratios and control relationships of controlling shareholders. Excluding the parent company, Mr. Junhisa Kurotani directly holds 40.28% and holds a combined total of 61.67% as a controlling shareholder. No relevant matters concerning transactions were identified. The minority shareholder protection policy states that the Board of Directors, including outside auditors, will deliberate and appropriately address issues.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3168","jir_company_name":"MERF Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-04","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/3168-20261104-01.pdf","jir_short_summary":"Disclosed the ownership ratios and control relationships of controlling shareholders. Excluding the parent company, Mr. Junhisa Kurotani directly holds 40.28% and holds a combined total of 61.67% as a controlling shareholder. No relevant matters concerning transactions were identified. The minority shareholder protection policy states that the Board of Directors, including outside auditors, will deliberate and appropriately address issues.","jir_summary":"### Disclosure of Controlling Shareholder Information\nThis document discloses matters concerning controlling shareholders as of August 31, 2026. Excluding the parent company, it states that Mr. Junhisa Kurotani directly holds 40.28% of voting rights and holds a combined total of 61.67% including aggregated applicable holdings. There are no applicable matters regarding transactions, and it is confirmed that any transactions with the controlling shareholder will be conducted under the same conditions as general transactions. As a measure to protect minority shareholders, it is specified that the Board of Directors, including outside auditors, will deliberate the appropriateness prior to implementation.\n\n### Future Response and Disclosure Stance\nThe company will continue to maintain appropriate condition setting and deliberation processes when transactions with the controlling shareholder occur, and will prioritize protecting the interests of minority shareholders. Foreign exchange information is published separately, demonstrating a commitment to maintaining transparency in IR disclosures.","jir_financial_highlights":"Voting rights ownership ratio (direct holdings): 40.28% (Unknown)\nVoting rights ownership ratio (aggregated applicable holdings): 21.39% (Unknown)\nTotal: 61.67% (Unknown)","jir_category":"","jir_hashtags":"#ERShareholderInfo, #ControllingShareholderDisclosure","jir_key_figures":"Controlling shareholder (Junhisa Kurotani) direct ownership ratio: 40.28%\nControlling shareholder (Junhisa Kurotani) aggregated applicable holdings: 21.39%\nTotal: 61.67%","jir_meta_title":"MERF Inc. Discloses Matters Concerning Controlling Shareholders\uff5cNovember 4, 2026","jir_meta_description":"MERF Inc. discloses matters concerning controlling shareholders. Confirms Mr. Junhisa Kurotani's controlling share ratios, the deliberation policy for transactions, and the implementation policy for minority shareholder protection. Future transactions will be conducted under general transaction conditions with deliberation including outside auditors.","jir_og_title":"Disclosure of Controlling Shareholder Information\uff5cMERF Inc. November 4, 2026","jir_og_description":"MERF Inc. discloses the status of controlling shareholders. Mr. Junhisa Kurotani directly holds 40.28% and holds a combined total of 61.67%. Explains deliberation of transaction terms and the minority shareholder protection policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59083,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-141117","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n