Notice of Change in Major Shareholders | KADOKAWA CORPORATION (9468) 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

1.14

Increase in voting rights ownership ratio (percentage points)

Wording

Conditional

How definitive the wording is.

Changes in Major Shareholders

Subject Entity

Oasis Management Company Limited, a major shareholder of KADOKAWA Corporation (filing company)

Occurrence16 March 2026 (date of change)

8 days later

Awareness or receipt of notice24 March 2026 (the Company confirmed the change upon the filing of a Large Shareholding Report (Amendment Report))

This disclosure03/25/2026

Change in voting rights ownership ratio

Shareholders Covered8.89％→10.03％（+1.14pt）

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

131,973 voting rights (13,197,300 shares), 8.89% (as of 12 March 2026)

Voting rights ownership percentage after the change

148,931 voting rights (14,893,100 shares), 10.03% (as of 16 March 2026)

Impact on Earnings Forecast

There are no matters requiring particular disclosure regarding the outlook at this time.

Related procedures

Court or authority

Kanto Local Finance Bureau

Outlook

This change is based on a Large Shareholding Report (Amendment Report), and there are no matters requiring particular disclosure regarding the outlook at this time.

Event that occurred
Item	Details
Event name	Changes in Major Shareholders
Date of occurrence	16 March 2026 (date of change)
Date recognized / date notice received	24 March 2026 (the Company confirmed the change upon the filing of a Large Shareholding Report (Amendment Report))
Subject Entity	Oasis Management Company Limited, a major shareholder of KADOKAWA Corporation (filing company)
Impact on Earnings Forecast	There are no matters requiring particular disclosure regarding the outlook at this time.
Court or authority	Kanto Local Finance Bureau
Voting rights ownership percentage before the change	131,973 voting rights (13,197,300 shares), 8.89% (as of 12 March 2026)
Voting rights ownership percentage after the change	148,931 voting rights (14,893,100 shares), 10.03% (as of 16 March 2026)
Outlook	This change is based on a Large Shareholding Report (Amendment Report), and there are no matters requiring particular disclosure regarding the outlook at this time.

Items this document does not state (16)

Target Locations / ProductsCauseAmount of Impact on Business PerformanceAccounting period in which recognizedType of litigation or proceedingPlaintiffDefendantDate 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.

The Company confirmed the change after the shareholder filed a Large Shareholding Report (Amendment Report) with the Kanto Local Finance Bureau on 24 March 2026. No specific reason for the acquisition of the shares was stated.

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.