Komori
Occurring Fact4754TOSNET CORPORATIONInformation and Communications, Services and Others

Notice Regarding a Change in Other Affiliated Company

Hikari Tsushin, Inc. came to indirectly hold 20.04% of the voting rights in TOSNET CORPORATION through joint holders, and TOSNET CORPORATION determined that Hikari Tsushin, Inc. qualified as an "other affiliated company." The voting rights ownership ratio before the change was 19.58%.

Worth reading
29Immaterial
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
20.04
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Change in Other Affiliated Company

Subject Entity

TOSNET CORPORATION, Hikari Tsushin, Inc.

Occurrence30 June 2026 (reference date after the change; the date on which the Company determined that the criteria were met was 10 July 2026)
6 days later
Awareness or receipt of notice6 July 2026 (notification received that the voting rights ownership ratio had exceeded 20%). On 8 July 2026, a formal request was received to classify the company as an equity-method affiliate and for other related matters.
This disclosure07/10/2026
Cause

Hikari Tsushin, Inc. indirectly held shares in TOSNET CORPORATION through joint holders and was recognized as having substantial influence.

Change in voting rights ownership ratio

Shareholders Covered19.58%→20.04%(+0.46pt)

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

9,106 voting rights (subject to aggregation, 19.58%), directly held: 0 voting rights (0.00%). As of 31 March 2026.

Voting rights ownership percentage after the change

9,317 voting rights (subject to aggregation, 20.04%), directly held: 0 voting rights (0.00%). As of 30 June 2026.

Outlook

Not applicable.

Event that occurred
ItemDetails
Event nameChange in Other Affiliated Company
Date of occurrence30 June 2026 (reference date after the change; the date on which the Company determined that the criteria were met was 10 July 2026)
Date recognized / date notice received6 July 2026 (notification received that the voting rights ownership ratio had exceeded 20%). On 8 July 2026, a formal request was received to classify the company as an equity-method affiliate and for other related matters.
Subject EntityTOSNET CORPORATION, Hikari Tsushin, Inc.
CauseHikari Tsushin, Inc. indirectly held shares in TOSNET CORPORATION through joint holders and was recognized as having substantial influence.
Voting rights ownership percentage before the change9,106 voting rights (subject to aggregation, 19.58%), directly held: 0 voting rights (0.00%). As of 31 March 2026.
Voting rights ownership percentage after the change9,317 voting rights (subject to aggregation, 20.04%), directly held: 0 voting rights (0.00%). As of 30 June 2026.
OutlookNot applicable.
Items this document does not state (17)
Target 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.

Hikari Tsushin, Inc. indirectly held shares in TOSNET CORPORATION through joint holders and was recognized as having substantial influence. TOSNET CORPORATION received notification on 6 July 2026 that the voting rights ownership ratio had exceeded 20%, and following an internal review, determined on 10 July 2026 that Hikari Tsushin, Inc. qualified as an other affiliated company.

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 a Change in Other Affiliated Company | TOSNET CORPORATION (4754) timely disclosure | Komori