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Halows president transfers 11.66% stake to own asset management firm

Fri, Oct 02, 2026 13:30 JST Halows Co., Ltd. (2742.T) Supermarkets 中文

Halows Co., Ltd. (TSE Prime: 2742) said President Toshiyuki Sato will transfer 2,488,000 shares, or 11.66% of total voting rights, to Sunrose Kosan Co., Ltd., an asset management company headed by Sato, on Oct. 2, 2026, making it a new major shareholder.

Shares acquired2,488,000 shares
Share of total voting rights11.66%
Scheduled acquisition dateOct. 2, 2026
Sato's holding after transfer810 shares

Sato notified the company that Sunrose Kosan would acquire 2,488,000 of the Halows shares held by Sato. Because the acquisition represents 5% or more of voting rights, it constitutes a purchase deemed equivalent to a tender offer under Article 167(1) of the Financial Instruments and Exchange Act and Article 31 of its Enforcement Order. The release also serves as Sunrose Kosan's public announcement under Article 30(1)(iv) of the Enforcement Order.

As of Feb. 28, 2026, Sato held 2,488,810 shares, or 24,888 voting rights, ranking as the second-largest shareholder. After the transfer, Sato holds 810 shares (8 voting rights). Sunrose Kosan's holding rises from zero to 2,488,000 shares, or 24,880 voting rights, making it the second-largest shareholder.

HolderBeforeAfter
Toshiyuki Sato2,488,810 shares (11.66%)810 shares (0.00%)
Sunrose Kosan0 shares (0.00%)2,488,000 shares (11.66%)

The ratios are based on 213,460 total voting rights, derived from 21,485,400 shares issued as of Feb. 28, 2026, less 139,318 shares without voting rights.

Sunrose Kosan, based in Fukuyama, Hiroshima Prefecture, is engaged in asset management and has capital of ¥10.5 million. Sato serves as its representative director. According to Halows, Sunrose Kosan intends to hold the shares as a stable shareholder over the medium to long term.

The acquisition is scheduled for Oct. 2, 2026, the date on which Sato ceases to be a major shareholder.


Original filings
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