TOKYO, Mar 19 (Pulse News Wire) – CEL Corporation (5078.T) announced plans to reduce its major shareholder, Makitech Co., Ltd.'s stake through a self-share repurchase plan approved at a special shareholders' meeting held. According to the company, the decision was made during a board meeting held, based on the approval received for the share repurchase proposal presented at the special shareholders' meeting.
As a result, Makitech’s holding ratio among total shareholders’ voting rights is expected to decrease. Prior to the transaction, Makitech held approximately 11.54% percent of the total voting rights, ranking second among major shareholders with 4,000 shares as of February 28, 2026. Post-repurchase, their holdings are projected to drop to 3,000 shares, representing 8.66% percent of the total voting rights as of March 25, 2026.
The capital of Makitech stands at ¥79.1 million. The total number of outstanding shares as of February 28, 2026, was 3,491,900, with 26,200 non-voting shares excluded from the calculation of voting rights ratios. The company stated that this action is unlikely to impact its operational performance.
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