Komori
Occurring Fact3157GEOLIVE Group CorporationTrading & Wholesale

Notice Regarding Changes in Major Shareholders and the Largest Shareholder Among the Major Shareholders

3,608,389 shares in the Company held by 株式会社ベニア商会 will be acquired by its parent company, Sumitomo Forestry Co.,Ltd., through a dividend in kind. As a result, Sumitomo Forestry Co.,Ltd. will become the largest major shareholder, with a 30.37% voting rights ownership ratio, while 株式会社ベニア商会 will no longer be a major shareholder.

Worth reading
32Immaterial
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
3608389
Shares (subject to transfer)
Wording
Conditional
How definitive the wording is.

Change in the Major Shareholder and Largest Shareholder among the Major Shareholders

Subject Entity

Sumitomo Forestry Co.,Ltd. and 株式会社ベニア商会 (shareholders of the Company)

Target Locations / Products

All shares of GEOLIVE Group Corporation

Occurrence1 April 2026 (date of share acquisition and change)
This disclosure04/01/2026
Cause

The Company received notification that Sumitomo Forestry Co.,Ltd. will acquire, through a dividend in kind, all shares in the Company held by its wholly owned subsidiary, 株式会社ベニア商会.

Change in voting rights ownership ratio

Sumitomo Forestry Co.,Ltd.3.12%→30.37%(+27.25pt)

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

Sumitomo Forestry Co.,Ltd.: 4,126 voting rights (412,630 shares), 3.12%, ranked 9th (as of 30 September 2025). 株式会社ベニア商会: 36,083 voting rights (3,608,389 shares), 27.25%, ranked 1st (as of 30 September 2025)

Voting rights ownership percentage after the change

Sumitomo Forestry Co.,Ltd.: 40,210 voting rights (4,021,019 shares), 30.37%, ranked 1st. 株式会社ベニア商会: Voting rights, voting rights ownership ratio and ranking among major shareholders: "-"

Amount of Impact on Business Performance

No impact on consolidated results (no amount disclosed)

Outlook

This matter will have no impact on the Company's consolidated results. If any matter requiring disclosure arises, the Company will promptly disclose it.

Event that occurred
ItemDetails
Event nameChange in the Major Shareholder and Largest Shareholder among the Major Shareholders
Date of occurrence1 April 2026 (date of share acquisition and change)
Subject EntitySumitomo Forestry Co.,Ltd. and 株式会社ベニア商会 (shareholders of the Company)
Target Locations / ProductsAll shares of GEOLIVE Group Corporation
CauseThe Company received notification that Sumitomo Forestry Co.,Ltd. will acquire, through a dividend in kind, all shares in the Company held by its wholly owned subsidiary, 株式会社ベニア商会.
Amount of Impact on Business PerformanceNo impact on consolidated results (no amount disclosed)
Voting rights ownership percentage before the changeSumitomo Forestry Co.,Ltd.: 4,126 voting rights (412,630 shares), 3.12%, ranked 9th (as of 30 September 2025). 株式会社ベニア商会: 36,083 voting rights (3,608,389 shares), 27.25%, ranked 1st (as of 30 September 2025)
Voting rights ownership percentage after the changeSumitomo Forestry Co.,Ltd.: 40,210 voting rights (4,021,019 shares), 30.37%, ranked 1st. 株式会社ベニア商会: Voting rights, voting rights ownership ratio and ranking among major shareholders: "-"
OutlookThis matter will have no impact on the Company's consolidated results. If any matter requiring disclosure arises, the Company will promptly disclose it.
Planned follow-up disclosureIf any matter requiring disclosure arises, the Company will promptly disclose it.
Items this document does not state (15)
Date recognized / date notice receivedAccounting period in which recognizedImpact on Earnings ForecastType 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' liability

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 received notification from Sumitomo Forestry Co.,Ltd. that it will acquire, through a dividend in kind effective 1 April 2026, all shares in the Company held by its wholly owned subsidiary, 株式会社ベニア商会.

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 Regarding Changes in Major Shareholders and the Largest Shareholder Among the Major Shareholders | GEOLIVE Group Corporation (3157) timely disclosure | Komori