Positions

Demo snapshot — build-time-generated from holdco.store via holdco.render-html (clojure -M:dev:render-html), regenerated nightly.

Position	Subsidiary	Jurisdiction	Proposed distribution / Distributable reserves	Beneficial ownership	Last op status
position-1	Sato Holdings K.K.	JPN	500000 / 2000000	verified	committed
position-2	Atlantis Holdings	ATL	500000 / 2000000	verified	HARD hold · no-spec-basis
position-3	鈴木ホールディングス	JPN	3000000 / 2000000	verified	HARD hold · distribution-exceeds-distributable-reserves
position-4	田中ホールディングス	JPN	500000 / 2000000	unverified	HARD hold · beneficial-ownership-verification-unresolved
position-5	出島サブシディアリ株式会社(デモ)	JPN	500000 / 2000000	verified	no activity

Action gate (Holding Structure Governor)

HARD holds cannot be overridden. Distribution amounts are independently recomputed against each position's own distributable reserves, never trusted from the proposal; beneficial-ownership verification is checked unconditionally, on every op that touches a position.

Op	Gate
:position/intake	auto-commit when clean at phase 3 -- no direct capital risk
:disclosure/verify	ALWAYS human approval · spec-basis must cite an official jurisdiction source
:beneficial-ownership/screen	ALWAYS human approval when clean · HARD-holds un-overridably on an unresolved status
:actuation/disburse-distribution	ALWAYS human approval, no phase ever auto-commits · distributable-reserves independently recomputed · double-disbursement blocked
:actuation/record-ownership-change	ALWAYS human approval, no phase ever auto-commits · double-recording blocked

Audit ledger (this run)

Append-only decision-fact log — every proposal, hold and commit this scenario produced.

Fact	Op	Subject	Basis
committed	position/intake	position-1	id, subsidiary-name
committed	disclosure/verify	position-1	会社法 (Companies Act, Act No. 86 of 2005) 第461条 (剰余金の分配可能額), https://www.moj.go.jp/MINJI/minji06_00023.html
committed	beneficial-ownership/screen	position-1	beneficial-ownership-check, corporate-intelligence
committed	actuation/disburse-distribution	position-1	position-1
committed	actuation/record-ownership-change	position-1	position-1
governor-hold	disclosure/verify	position-2	no-spec-basis
committed	disclosure/verify	position-3	会社法 (Companies Act, Act No. 86 of 2005) 第461条 (剰余金の分配可能額), https://www.moj.go.jp/MINJI/minji06_00023.html
governor-hold	actuation/disburse-distribution	position-3	distribution-exceeds-distributable-reserves
governor-hold	beneficial-ownership/screen	position-4	beneficial-ownership-verification-unresolved