(Update on Previously Disclosed Matter) Change to the Schedule in the "Notice Concerning the Secondary Offering of Shares and Changes in the Major Shareholder, the Largest Shareholder Among the Major Shareholders, and Other Affiliated Company"
PRAP Japan,Inc., Daniel J. Edelman, Inc., Cavendish Square Holding BV
Shares of PRAP Japan,Inc. (change in shareholders)
Delays in procedures between the parties to the share transfer agreement
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.
Cavendish Square Holding BV: 9,358 voting rights (21.03%); Daniel J. Edelman, Inc.: none (as of 30 October 2026 in the table before the change)
Daniel J. Edelman, Inc.: 9,358 voting rights (21.03%); Cavendish Square Holding BV: none (change scheduled; date of change to be determined)
Related procedures
Procedures between the parties to the share transfer agreement (delay)
The company will make a timely disclosure as soon as the scheduled execution date of the share transfer is known.
| Item | Details |
|---|---|
| Event name | (Update on Previously Disclosed Matter) Change to the Schedule in the "Notice Concerning the Secondary Offering of Shares and Changes in the Major Shareholder, the Largest Shareholder Among the Major Shareholders, and Other Affiliated Company" |
| Date of occurrence | Not occurred (the change in shareholders had not been carried out as of 4 November 2026; the scheduled date of the change is to be determined) |
| Date recognized / date notice received | 4 November 2026 (the date on which the company confirmed that the change in shareholders had still not been carried out) |
| Subject Entity | PRAP Japan,Inc., Daniel J. Edelman, Inc., Cavendish Square Holding BV |
| Target Locations / Products | Shares of PRAP Japan,Inc. (change in shareholders) |
| Cause | Delays in procedures between the parties to the share transfer agreement |
| Type of litigation or proceeding | Procedures between the parties to the share transfer agreement (delay) |
| Voting rights ownership percentage before the change | Cavendish Square Holding BV: 9,358 voting rights (21.03%); Daniel J. Edelman, Inc.: none (as of 30 October 2026 in the table before the change) |
| Voting rights ownership percentage after the change | Daniel J. Edelman, Inc.: 9,358 voting rights (21.03%); Cavendish Square Holding BV: none (change scheduled; date of change to be determined) |
| Outlook | The company will make a timely disclosure as soon as the scheduled execution date of the share transfer is known. |
| Planned follow-up disclosure | The company will make a timely disclosure as soon as the scheduled execution date of the share transfer is known. |
Items this document does not state (14)
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.Because procedures between the parties to the share transfer agreement have been delayed, and the change in shareholders had still not been carried out as of 4 November 2026.