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Ledax shares surge on joint venture agreement with U.S.-based Freedom Holding

Wed Apr 1, 2026 9:26 am JST Catalyst

Ledax Co.,Ltd. <7602> surged sharply. After trading ended on the 31st, the company announced it had entered into a joint venture agreement with Freedom Holding , a global financial group, for a financial joint venture business, attracting buying interest on the positive news.

The companies will establish a new company, Freedom Japan, for the purpose of conducting market research and preparing to obtain various licenses and permits toward the development of fintech-driven financial businesses in Japan. The equity stake will be 90% held by Freedom Holding and 10% by Ledax. The company noted that the impact of this agreement on Ledax's earnings will be minimal.

Source: MINKABU PRESS

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