TOKYO, Mar 24 (Pulse News Wire) – Medical Data Vision CO.,LTD. (3902.T) disclosed significant changes in its major shareholders.

As of March 24, 2026, Nikko Life Insurance Mutual Company holds 53.05% of the voting rights, making it the dominant shareholder. Additionally, SBI Holdings Corporation owns 38.32% of the shares. Nikko Life Insurance Mutual Company became the parent company and largest shareholder on February 9, 2026, following a tender offer completed on February 4, 2026. It plans to acquire all outstanding shares through a series of procedures, leading to delisting and becoming a wholly-owned subsidiary. Currently, Medical Data Vision has accepted one executive from Nikko Life Insurance Mutual Company, and discussions are ongoing regarding further personnel exchanges.

Meanwhile, SBI Holdings Corporation's holdings will be repurchased by Medical Data Vision as treasury stock according to planned procedures. There are currently no joint appointments or secondments between the two companies. Medical Data Vision maintains necessary cooperation with entities within the SBI Group while preserving operational independence. In the fiscal year ending December 2025, there were no significant transactions requiring disclosure between Medical Data Vision and its controlling shareholders. The company ensures fair dealings to protect minority shareholders' interests based on objective market data and general transaction conditions.

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