question

For those familiar with Johnny's and/or Japanese business: okay, so, Johnny's & Associates is a kabushiki gaisha (K. K.). That's translated as "public company", but is it? Johnny owns 60%, Mary 10%, Julie 10%, and Izu Kikue 10%. The remaining 10% isn't publically traded (is it? it doesn't seem to be! if it is where are my financial reports!) and a K. K. may be formed as a "stock company that is not public" but J&A doesn't seem to be one - not that I can tell from their totally useless website. XD Avex and SM - omg especially Avex - are a dream in comparison.

In conclusion, I know embarrassingly little about corporate structure outside the U.S. :|