Notice of Change in Major Shareholders | BAROQUE JAPAN LIMITED (3548) timely disclosure

Worth reading

27Immaterial

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

7000

shares (70 voting rights, a 0.02-percentage-point decrease in the voting rights ratio)

Wording

Conditional

How definitive the wording is.

Change in major shareholders

Subject Entity

ORIX CORPORATION (a major shareholder of the Company)

Target Locations / Products

The Company's shares

Occurrence6 October 2026 (date of change)

Same day

Awareness or receipt of notice6 October 2026 (date on which notification was received from ORIX CORPORATION regarding the sale of shares of the Company)

This disclosure10/07/2026

Cause

The Company received notification from ORIX CORPORATION regarding the sale of shares of the Company, dated 6 October 2026.

Change in voting rights ownership ratio

Shareholders Covered10.00％→9.98％（-0.02pt）

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

36,252 voting rights (3,625,200 shares), 10.00%, 5 October 2026

Voting rights ownership percentage after the change

36,182 voting rights (3,618,200 shares), 9.98%, 6 October 2026

Impact on Earnings Forecast

There are no matters of particular note.

Outlook

There are no matters of particular note.

Event that occurred
Item	Details
Event name	Change in major shareholders
Date of occurrence	6 October 2026 (date of change)
Date recognized / date notice received	6 October 2026 (date on which notification was received from ORIX CORPORATION regarding the sale of shares of the Company)
Subject Entity	ORIX CORPORATION (a major shareholder of the Company)
Target Locations / Products	The Company's shares
Cause	The Company received notification from ORIX CORPORATION regarding the sale of shares of the Company, dated 6 October 2026.
Impact on Earnings Forecast	There are no matters of particular note.
Voting rights ownership percentage before the change	36,252 voting rights (3,625,200 shares), 10.00%, 5 October 2026
Voting rights ownership percentage after the change	36,182 voting rights (3,618,200 shares), 9.98%, 6 October 2026
Outlook	There are no matters of particular note.

Items this document does not state (15)

Amount 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.

Because ORIX CORPORATION notified us that it had sold shares of the Company. The Company stated that it had not been able to confirm the number of shares beneficially owned in the name of the entity.

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.