Hiraga Reports Major Shareholder Details

TOKYO, Jul 27 (Pulse News Wire) – Hiraga CO.,LTD. (7863.T) disclosed that Snowball Capital Co., Ltd.

Holds 38.82% of its voting rights, making it the largest shareholder. As of March 31, 2026, Snowball Capital does not hold any additional shares through related entities, maintaining a total direct shareholding of 38.82%. One member of HIRAGA's seven-member board of directors also serves as a director at Snowball Capital, but there is no direct conflict of interest.

The individual brings nine years of experience in investment activities focused on publicly traded companies, which he leverages to enhance HIRAGA’s operational knowledge and expertise. Regarding potential influence on operations and independence, HIRAGA maintains that its relationship with Snowball Capital does not impact its management decisions. Independent judgment is exercised within HIRAGA’s responsibility framework, ensuring operational autonomy despite the capital ties.