TOKYO, May 29 (Pulse News Wire) – BASE FOOD,Inc. (2936.T) confirmed a change in its top shareholder following a share transfer notification received on May 29, 2026.
According to the notice, Mr. Makoto Tsuchida and Merco Group Co., Ltd. transferred all shares held by Tsuchida—18,030,000 shares—to Merco Group via physical and margin trading transactions. As a result, Merco Group now holds these shares through indefinite general margin trading but does not possess voting rights due to the nature of the transaction. Merco Group’s acquisition supports BASE FOOD's long-term growth and value enhancement, aiming to establish a stable capital relationship rather than speculative trading.
The company views this move as a foundation for sustained collaboration and effective business partnerships moving forward. Prior to the transfer, Tsuchida was the largest shareholder with 18,030,000 shares, holding 17.84% of total outstanding shares. Following the transfer, his holdings dropped to zero, effectively removing him from the position of primary shareholder. In contrast, Chairman Shun Hashimoto remains the leading shareholder with 17,407,700 shares, representing 17.41% of total outstanding shares. The changes reflect BASE FOOD's commitment to maintaining a stable capital structure while ensuring operational independence and adherence to established management policies.
🟡 Confidence: Standard AI-translated content.