Meiho Holdings Meihoholdings Conducts Off-Market Share Sale, CEO No Longer Majority Stakeholder

TOKYO, Jun 26 (Pulse News Wire) – Meiho Holdings,inc. (7369.NG) completed an off-market share sale on June 26, 2026, ending the distribution process initiated on June 25, 2026.

As a result, the company's chairman and president, Hiroki Oomatsu, is no longer considered a majority stakeholder outside of the parent company. The off-market share sale involved selling shares at a price of June 25, 2026 per share, with a limit of 3,000 shares per buyer. The purpose was to improve the distribution of the company’s shares and enhance liquidity, while also removing the company from being classified as a specific family-controlled entity subject to withholding tax.

Following the completion of the sale, Oomatsu now holds fewer shares, reducing his total holdings to 49.85% shares, down from 52.35% shares previously. His voting rights have decreased accordingly, dropping from 52.35% to 49.85% based on the total number of shareholders' voting rights as of December 31, 2025. The company stated that this change will not affect its operations or management structure.