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Occurring Fact194AWOLVES HAND Co.,Ltd.Information and Communications, Services and Others

Notice Concerning the Secondary Offering of Shares and Change in Major Shareholders

A secondary offering of 2,653,600 shares held by the J-STAR funds and Kitai Masashi (北井 正志) has been approved, together with a greenshoe option for up to 398,000 additional shares depending on demand. As a result, J-STAR No.3 SS, LP is expected to cease being a major shareholder, and a share buyback has also been approved as a measure to ease the impact on the supply and demand of the shares.

Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
2653600
Shares (secondary offering through purchase underwriting; separate greenshoe option for up to 398,000 shares)
Wording
Avoiding a definitive answer
How definitive the wording is.

Notice Concerning the Secondary Offering of Shares and Change in Major Shareholders

Subject Entity

Filing company: WOLVES HAND; selling shareholders and major shareholders: J-STAR No.3 SS, LP, J-STAR No.3 JF, LP, J-STAR No.3 JC, LP, J-STAR No.3 GF, LP, J-STAR Limited Liability Partnership 2016, and Kitai Masashi (北井 正志)

Target Locations / Products

Common shares of WOLVES HAND

Occurrence2 September 2026 (the date of the Company's Board of Directors resolution; the change in major shareholder is expected to occur on the settlement date, 5 business days after the date on which the offering price and other terms are determined)
This disclosure09/02/2026
Cause

The Company confirmed that its collaboration with the J-STAR funds had reached a certain milestone and that each fund intended to sell all of its shareholdings. In addition, Kitai Masashi (北井 正志) intended to sell part of his holdings to improve the liquidity of the Company's shares.

Change in voting rights ownership ratio

The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.

Voting rights ownership percentage before the change

11,758 voting rights (1,175,898 shares), 15.55%, ranking second. As of 2 September 2026. The percentage is calculated based on 75,605 total voting rights as of 30 June 2026.

Voting rights ownership percentage after the change

0 voting rights (98 shares), percentage: —. Following the planned change.

Impact on Earnings Forecast

The change will have no impact on the Company's management structure, financial results or other matters. No revision to the earnings forecasts is disclosed.

Outlook

The offering price will be determined on one of the dates between 9 and 14 September 2026 designated for determining the offering price and other terms, and settlement is scheduled to take place 5 business days thereafter. The change will have no impact on the Company's management structure, financial results or other matters. The Company will continue its business with its new shareholders while pursuing growth in the animal healthcare sector.

Event that occurred
ItemDetails
Event nameNotice Concerning the Secondary Offering of Shares and Change in Major Shareholders
Date of occurrence2 September 2026 (the date of the Company's Board of Directors resolution; the change in major shareholder is expected to occur on the settlement date, 5 business days after the date on which the offering price and other terms are determined)
Subject EntityFiling company: WOLVES HAND; selling shareholders and major shareholders: J-STAR No.3 SS, LP, J-STAR No.3 JF, LP, J-STAR No.3 JC, LP, J-STAR No.3 GF, LP, J-STAR Limited Liability Partnership 2016, and Kitai Masashi (北井 正志)
Target Locations / ProductsCommon shares of WOLVES HAND
CauseThe Company confirmed that its collaboration with the J-STAR funds had reached a certain milestone and that each fund intended to sell all of its shareholdings. In addition, Kitai Masashi (北井 正志) intended to sell part of his holdings to improve the liquidity of the Company's shares.
Impact on Earnings ForecastThe change will have no impact on the Company's management structure, financial results or other matters. No revision to the earnings forecasts is disclosed.
Voting rights ownership percentage before the change11,758 voting rights (1,175,898 shares), 15.55%, ranking second. As of 2 September 2026. The percentage is calculated based on 75,605 total voting rights as of 30 June 2026.
Voting rights ownership percentage after the change0 voting rights (98 shares), percentage: —. Following the planned change.
OutlookThe offering price will be determined on one of the dates between 9 and 14 September 2026 designated for determining the offering price and other terms, and settlement is scheduled to take place 5 business days thereafter. The change will have no impact on the Company's management structure, financial results or other matters. The Company will continue its business with its new shareholders while pursuing growth in the animal healthcare sector.
Items this document does not state (16)
Date recognized / date notice receivedAmount of Impact on Business PerformanceAccounting period in which recognizedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityPlanned follow-up disclosure

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company confirmed that its collaboration with the J-STAR funds had reached a certain milestone and that each fund intended to sell all of its shareholdings. Kitai Masashi (北井 正志) also intended to sell part of his holdings to improve the liquidity of the Company's shares. The Company therefore approved the secondary offering to provide an orderly opportunity for the sale, improve share liquidity and diversify its shareholder base. The share buyback is intended to mitigate the impact of the secondary offering on the supply and demand of the shares.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Secondary Offering of Shares and Change in Major Shareholders | WOLVES HAND Co.,Ltd. (194A) timely disclosure | Komori