TOKYO, May 01 (Pulse News Wire) – Headwaters Co.,ltd (4011.T) announced significant changes in its major shareholders due to the merger with BB Initiative Corporation effective May 01, 2026. As part of the merger, Headwaters issued 0.50 shares for each share held by BB Initiative, resulting in the issuance of new ordinary shares totaling 2,260,359.
Prior to the merger, Yoshiichi Inaba did not hold any shares in Headwaters. Post-merger, he now holds 687,873 shares, ranking him as the second-largest shareholder.
His stake represents approximately 0.94% of total outstanding voting rights, calculated based on the combined number of existing and newly issued shares post-merger. The total number of voting rights considered for calculating his percentage includes the additional voting rights from the newly issued shares, bringing the total to 60,918 voting rights.
Looking ahead, the company expects no impact on its operations or management structure from these shareholder changes.
🟢 Confidence: High AI-translated content.