Komori
Occurring Fact8894REVOLUTION CO.,LTD.Real estate

Notice Regarding a Change in Other Affiliated Companies

Ethan Williammarkets11 Investment Limited Partnership ceased to be an other affiliated company of the Company and became a major shareholder as of 31 October 2026. Its voting interest decreased from 22.3% to 19.3%.

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
3
Decrease in voting rights ownership ratio (percentage points)
Wording
Definitive
How definitive the wording is.

Change in Other Affiliated Company

Subject Entity

REVOLUTION CO.,LTD., Ethan Williammarkets11 Investment Limited Partnership

Occurrence31 October 2026
This disclosure11/10/2026
Cause

The fact that the Company's shareholder register as of 31 October 2026 showed that the fund did not qualify as an other affiliated company

Change in voting rights ownership ratio

Shareholders Covered22.30％→19.30％（-3.00pt）

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

328,750 units (directly held, 22.3%, as of 30 April 2026); units subject to aggregation: – (–%)

Voting rights ownership percentage after the change

307,006 units (directly held, 19.3%, as of 31 October 2026); units subject to aggregation: – (–%)

Outlook

The fund has stated that its policy for holding the Company's shares is for pure investment purposes.

Event that occurred
ItemDetails
Event nameChange in Other Affiliated Company
Date of occurrence31 October 2026
Subject EntityREVOLUTION CO.,LTD., Ethan Williammarkets11 Investment Limited Partnership
CauseThe fact that the Company's shareholder register as of 31 October 2026 showed that the fund did not qualify as an other affiliated company
Voting rights ownership percentage before the change328,750 units (directly held, 22.3%, as of 30 April 2026); units subject to aggregation: – (–%)
Voting rights ownership percentage after the change307,006 units (directly held, 19.3%, as of 31 October 2026); units subject to aggregation: – (–%)
OutlookThe fund has stated that its policy for holding the Company's shares is for pure investment purposes.
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.

This was because the shareholder register as of 31 October 2026 showed that the fund did not qualify 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 Companies | REVOLUTION CO.,LTD. (8894) timely disclosure | Komori