Hokuetsu Corporation

3865.T
Paper & Paper Products
2026/04/03 Updated
Market Cap: $993.6M (¥158.5B)
Stock Price: $5.91 (¥942)
Exchange Rate: 1 USD = ¥159.49

Notification Regarding Change of Major Shareholder as the Largest Shareholder

As of March 27, 2026, Daio Paper Corporation has changed to the largest major shareholder, holding 27,932,900 shares (voting rights ratio 17.59%).

Importance:
Page Updated: March 27, 2026
IR Disclosure Date: March 27, 2026

Key Figures

  • Number of shares owned by Daio Paper Corporation: 27,932,900 shares (voting rights ratio 17.59%)
  • Number of shares owned by Misuka Shipping Co., Ltd.: 0 shares (voting rights ratio 0.00%)
  • Date of change: 2026-03-27

AI要約

Overview of Change in Major Shareholder

On March 27, 2026, the largest major shareholder changed from Misuka Shipping Co., Ltd. and Daio Shipping Co., Ltd. to Daio Paper Corporation. Daio Paper acquired 25,646,000 ordinary shares of our company through a private transaction, resulting in total ownership of 27,932,900 shares and a voting rights ratio of 17.59%, confirming its position as the largest shareholder. Meanwhile, Misuka Shipping no longer qualifies as a major largest shareholder of our company.

Impact of Shareholder Change and Future Outlook

It has been announced that this share transfer will have no impact on our consolidated financial results. Additionally, due to the share buyback conducted on March 19, 2026, Daio Shipping and others no longer hold our shares. Specific changes to management policies or business performance are currently unknown.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.