Change in the Major Shareholder and Largest Shareholder among the Major Shareholders
Iwabuchi Business Partners Shareholding Association
IWABUCHI CORPORATION shares
The IWABUCHI Business Partners Stock Ownership Association's continued regular purchases of the company's shares
There is no impact on performance. The amount of any monetary impact is not stated.
The change in major shareholder will have no impact on operating results.
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.
1,062 units (106,200 shares), 9.89%, as of 30 November 2023, No. 1
1,079 units (107,900 shares), 10.05%, as of 21 December 2023, No. 1
Company response
We will review our verification procedures so that changes in major shareholders can be identified in a timely manner, and will work to ensure timely and appropriate information disclosure.
The association will continue purchasing the company's shares in the market, but withdrawals and other transactions may occur depending on members' needs, so the number of shares held in the future is fluid.
| Item | Details |
|---|---|
| Event name | Change in the Major Shareholder and Largest Shareholder among the Major Shareholders |
| Date of occurrence | 21 December 2023 |
| Date recognized / date notice received | 5 October 2026 (disclosed today as the date on which the change was identified after reconfirming the association's holdings) |
| Subject Entity | Iwabuchi Business Partners Shareholding Association |
| Target Locations / Products | IWABUCHI CORPORATION shares |
| Cause | The IWABUCHI Business Partners Stock Ownership Association's continued regular purchases of the company's shares |
| Amount of Impact on Business Performance | There is no impact on performance. The amount of any monetary impact is not stated. |
| Impact on Earnings Forecast | The change in major shareholder will have no impact on operating results. |
| Measures to prevent recurrence | We will review our verification procedures so that changes in major shareholders can be identified in a timely manner, and will work to ensure timely and appropriate information disclosure. |
| Voting rights ownership percentage before the change | 1,062 units (106,200 shares), 9.89%, as of 30 November 2023, No. 1 |
| Voting rights ownership percentage after the change | 1,079 units (107,900 shares), 10.05%, as of 21 December 2023, No. 1 |
| Outlook | The association will continue purchasing the company's shares in the market, but withdrawals and other transactions may occur depending on members' needs, so the number of shares held in the future is fluid. |
Items this document does not state (13)
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 association's voting rights ratio reached 10% or more as a result of its continued regular purchases of the company's shares. Disclosure was delayed because the company's verification of changes in the association's holdings relating to major shareholders was insufficient, and the company was unable to identify the change in a timely manner.