Happiness And D Sees Shift in Top Shareholder

TOKYO, Jul 16 (Pulse News Wire) – Happiness And D CO.,LTD. (3174.T) reported a change in its top shareholder effective July 16, 2026.

The shift occurred due to the dissolution of asset management firm DEN, leading to the transfer of all shares held by DEN to its founder, Mr. Taikou Tanaka. Prior to the change, Mr. Atsushi Tanaka was the largest shareholder with 5,925 voting rights, representing 592,500 percent of total shareholders' voting rights.

Post-transfer, he now holds 5,925 voting rights, accounting for 592,500 percent. Meanwhile, Mr. Taikou Tanaka, who previously held 5,232 voting rights or 2,500 percent, now owns 6,582 voting rights, equivalent to 33,840 percent of total voting rights. This adjustment does not impact the company's operational structure or performance outlook.

(Note: Total shareholder voting rights are based on the number of shares outstanding as of February 28, 2026, adjusted for the exercise of subscription rights on July 8, 2026.).