{"id":147813,"date":"2026-11-10T20:44:27","date_gmt":"2026-11-10T11:44:27","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8894-20261110-02_wp_general_ir\/"},"modified":"2026-11-10T20:44:27","modified_gmt":"2026-11-10T11:44:27","slug":"8894-20261110-02_wp_general_ir","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20261110-02_wp_general_ir\/","title":{"rendered":"Notice Regarding Change in Other Affiliated Company"},"content":{"rendered":"<p>The fund Ethan Williammarkets No.11 Investment Limited Partnership is no longer classified as an affiliated company, resulting in a reduction in the number of voting rights held. The fund has stated that its future shareholding policy is for pure investment purposes.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8894","jir_company_name":"Revolution Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/8894-20261110-02.pdf","jir_short_summary":"The fund Ethan Williammarkets No.11 Investment Limited Partnership is no longer classified as an affiliated company, resulting in a reduction in the number of voting rights held. The fund has stated that its future shareholding policy is for pure investment purposes.","jir_summary":"### Key News Points\nAs of October 31, 2026, the fund \"Ethan Williammarkets No.11 Investment Limited Partnership,\" which is no longer classified as an affiliated company of Revolution Co., Ltd., changed the form of its shareholdings in the Company. Prior to the change, the fund held common shares of the Company; currently, as a principal shareholder after the change, it directly holds 307,006 shares (19.3%).\n\n### Future Shareholder Policy and Impact\nThe fund has declared that it will hold shares for pure investment purposes. While this may affect the composition of the Company's voting rights, there is no direct relationship between the listed company and the fund's executive members that falls under applicable items. Continued monitoring of developments in the Company's capital policy and related actions is necessary.","jir_financial_highlights":"Number of voting rights (direct holdings): 328,750 shares (Held 22.3% before change \u2192 Held 19.3% after change)\nNumber of voting rights (direct holdings): 307,006 shares (Direct holdings after the change)","jir_category":"","jir_hashtags":"#RevolutionCoLtd_IR_no_specific_theme_needed","jir_key_figures":"Number of voting rights (before change) 328,750 shares (22.3%)\nNumber of voting rights (after change) 307,006 shares (19.3%)\nWarrants and similar holdings: 2,873,328 warrants (equivalent to 287,332,800 shares)\nDate of change in holding relationship: Change date 2026-10-31","jir_meta_title":"Revolution Co., Ltd. - Notice Regarding Change in Other Affiliated Company | November 2026","jir_meta_description":"Revolution Co., Ltd. announced a change in the affiliated status of Ethan Williammarkets No.11 Investment Limited Partnership. The disclosure details the change in voting rights held and the fund's stated future policy of holding for pure investment purposes. Shareholder impact should be monitored.","jir_og_title":"Revolution Co., Ltd. - Notice Regarding Change in Other Affiliated Company | November 2026","jir_og_description":"A notice regarding a change in an affiliated company was published. Confirmed changes in the fund's voting rights ratio and its future holding policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59617,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-147813","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Change in Other Affiliated Company - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20261110-02_wp_general_ir\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20261110-02_wp_general_ir\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8894\/ir\/8894-20261110-02_wp_general_ir\/\",\"name\":\"Notice Regarding Change in Other Affiliated Company - 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