TOKYO, Jun 25 (Pulse News Wire) – Kondotec Inc. (7438.T) confirmed a major shareholder change following the submission of a large shareholding report by Fidelity Management & Research Company LLC on June 22, 2026.
According to the report filed with the Kanto Finance Bureau, Fidelity's stake decreased from 2,656,100 shares to 2,520,000 shares. Prior to the change, Fidelity held approximately 1.00% of total voting rights based on the number of outstanding shares as of April 1, 2020. Post-change, their holding represented roughly 0.95% of total voting rights as of March 31, 2022.
The adjustment reflects the consolidation of shares held by Fidelity Management Trust Company alongside those reported by Fidelity Management & Research Company LLC. Notably, the pre-change percentage was calculated excluding treasury shares acquired between April 1, 2020, and April 21, 2020. The post-change percentage was determined based on the total voting rights as of March 31, 2022.
No further significant developments are anticipated related to this change, according to the company’s statement.
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