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Pulse News Wire translates Japanese corporate disclosures filed with the Tokyo Stock Exchange's TDNet system into clear, structured English for institutional investors, hedge funds, and asset managers. Every article on this page is derived directly from an official TDNet filing — including earnings reports, M&A announcements, share buybacks, dividend declarations, and governance changes. Japanese corporate governance is governed by the Companies Act and the Financial Instruments and Exchange Act; timely translation of these disclosures provides a material information advantage for cross-border investors monitoring Tokyo-listed equities.

This corporate disclosure from was processed by Pulse News Wire on February 16, 2026. It represents a primary source document for Japanese Corporate sector intelligence, translated directly from an official filing submitted to the Tokyo Stock Exchange TDNet system.

BELUNA CO., LTD. Sees Major Shareholder Change; FSAM to Be Absorbed by FRIEND STAGE

Source disclosure: February 16, 2026 BELLUNA CO.,LTD. [9997.T] TOKYO, Feb 16 (Pulse News Wire) – Belluna CO.,LTD. (9997.T) announced today that its largest shareholder, Friend Stage Asset Management Co., Ltd. (FSAM), plans to undergo a merger with its parent company, Friend Stage Co., Ltd. As a result, all shares held by FSAM will be transferred to Friend Stage, leading to a significant shift in major shareholders. Under the merger agreement, Friend Stage will take over all of FSAM'

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