Strategic Capital, Inc. (“SC”) is under a discretionary investment management contract with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (“Fund”) and both SC and the Fund are shareholders of Goldcrest Co., Ltd. (“the Company” or “GC”). Strategic Capital, Inc. and funds managed by Strategic Capital (hereinafter referred to as “Strategic Capital”) hold approximately 13.1% of Goldcrest Co., Ltd. (hereinafter referred to as “Goldcrest” or the “Company” as the context requires). See Initiation of a judicial procedure and launch of a special website for GOLDCREST CO., LTD (8871) for more details.◆August 4th, 2025
Hidetoshi Yasukawa, President and Representative Director of GC, engaged in a business transaction conducted through Satohide Corporation (“Satohide”) that competed with the Company, without obtaining approval from the Company’s Board of Directors. At the time, Yasukawa indirectly owned 100% of Satohide.
On May 22, 2025, SC submitted a formal request to the Company’s corporate auditor, demanding that a lawsuit be filed holding Yasukawa liable for damages.
However, on July 22, 2025, the Company’s auditor decided not to file such a lawsuit and publicly announced the decision on July 23.
The Fund and SC are pleased to announce that, on August 1, 2025, we filed a shareholder derivative lawsuit against Yasukawa in the Tokyo District Court.
◆January 27th, 2025
The Fund and Strategic Capital are pleased to announce that, on September 9th, 2024, we started a legal procedure and on January 27th, 2025, we launched a special website(https://stracap.jp/english/8871-GOLDCREST.pdf ) for Goldcrest.
