Change in Other Affiliated Company
Soltec Investments Pte. Ltd.
Soltec agreed to exercise voting rights with the same content as AirTrip's intentions when exercising voting rights in the Company, making Soltec's influence over the Company immaterial. In addition, Soltec changed its business activities in 2025 and ceased to conduct significant corporate activities other than those as an asset management company.
No impact (no specific amount stated)
The change in the Company's "other affiliated company" status has no impact on results.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
Direct holdings: 38,647 voting rights (33.93%); holdings subject to aggregation: 0 voting rights (0%); total: 38,647 voting rights (33.93%) (as of 31 March 2026)
Direct holdings: 38,647 voting rights (33.93%); holdings subject to aggregation: 0 voting rights (0%); total: 38,647 voting rights (33.93%) (as of 31 March 2026)
Company response
Discussions with the audit firm and others
The change in the Company's "other affiliated company" status has no impact on results.
| Item | Details |
|---|---|
| Event name | Change in Other Affiliated Company |
| Subject Entity | Soltec Investments Pte. Ltd. |
| Cause | Soltec agreed to exercise voting rights with the same content as AirTrip's intentions when exercising voting rights in the Company, making Soltec's influence over the Company immaterial. In addition, Soltec changed its business activities in 2025 and ceased to conduct significant corporate activities other than those as an asset management company. |
| Amount of Impact on Business Performance | No impact (no specific amount stated) |
| Impact on Earnings Forecast | The change in the Company's "other affiliated company" status has no impact on results. |
| Investigation structure | Discussions with the audit firm and others |
| Voting rights ownership percentage before the change | Direct holdings: 38,647 voting rights (33.93%); holdings subject to aggregation: 0 voting rights (0%); total: 38,647 voting rights (33.93%) (as of 31 March 2026) |
| Voting rights ownership percentage after the change | Direct holdings: 38,647 voting rights (33.93%); holdings subject to aggregation: 0 voting rights (0%); total: 38,647 voting rights (33.93%) (as of 31 March 2026) |
| Outlook | The change in the Company's "other affiliated company" status has no impact on results. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This follows discussions with the audit firm and others, based on the fact that Soltec agreed to exercise its voting rights in the same manner as AirTrip, making its influence over the Company immaterial, and that Soltec changed its business activities in 2025 and ceased to conduct significant corporate activities other than those of an asset management company.