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Occurring Fact4011Headwaters Co.,LtdInformation and Communications, Services and Others

Notice of Change in Major Shareholders

Chairman Yuichi Inaba (稲葉雄一) is expected to transfer part of his holdings to インフィニティアセットマネジメント株式会社, reducing his voting rights ownership from 11.26% to 9.80% and resulting in the company being expected to cease to be a major shareholder.

Worth reading
30Immaterial
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
1.46
Percentage points (decrease in voting rights ownership ratio)
Wording
Avoiding a definitive answer
How definitive the wording is.

Change in Major Shareholders

Subject Entity

Headwaters Co.,Ltd (filing company) / Yuichi Inaba (稲葉雄一) (chairman of the company's board and shareholder whose holding changed)

Occurrence13 November 2026 (date of change)
This disclosure11/13/2026
Cause

The company received a report from Yuichi Inaba (稲葉雄一) that he plans to transfer part of his holdings in the company to インフィニティアセットマネジメント株式会社.

Change in voting rights ownership ratio

Shareholders Covered11.26%→9.80%(-1.46pt)

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

6,883 units (688,323 shares), 11.26% (as of 30 June 2026)

Voting rights ownership percentage after the change

5,993 units (599,323 shares), 9.80% (calculated using 61,115 units, the total number of voting rights of all shareholders as of 30 June 2026, as the denominator)

Outlook

The change in the Company's major shareholder will have no impact on its operating results, management structure or otherwise.

Event that occurred
ItemDetails
Event nameChange in Major Shareholders
Date of occurrence13 November 2026 (date of change)
Subject EntityHeadwaters Co.,Ltd (filing company) / Yuichi Inaba (稲葉雄一) (chairman of the company's board and shareholder whose holding changed)
CauseThe company received a report from Yuichi Inaba (稲葉雄一) that he plans to transfer part of his holdings in the company to インフィニティアセットマネジメント株式会社.
Voting rights ownership percentage before the change6,883 units (688,323 shares), 11.26% (as of 30 June 2026)
Voting rights ownership percentage after the change5,993 units (599,323 shares), 9.80% (calculated using 61,115 units, the total number of voting rights of all shareholders as of 30 June 2026, as the denominator)
OutlookThe change in the Company's major shareholder will have no impact on its operating results, management structure or otherwise.
Items this document does not state (18)
Date recognized / date notice receivedTarget Locations / ProductsAmount of Impact on Business PerformanceAccounting 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' 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.

Yuichi Inaba (稲葉雄一) is expected to transfer part of his holdings in the company to インフィニティアセットマネジメント株式会社, which will reduce his voting rights ownership below 10%.

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 of Change in Major Shareholders | Headwaters Co.,Ltd (4011) timely disclosure | Komori