MIRAINI HOLDINGS CO.,LTD. [546A.T]
TOKYO, May 15 (Pulse News Wire) – Miraini Holdings CO.,LTD. (546A.T) announced today that its wholly-owned subsidiaries, Saudo Denki Co., Ltd.
And Hakuhara Electric Holdings Co., Ltd., acquired shares of the parent company. The acquisition follows a joint stock transfer completed on April 1, 2026, which designated MIRAINI Holdings as the transferring parent company and Saudo Denki and Hakuhara Electric as the transferred subsidiary companies. As part of this process, MIRAINI Holdings received shares totaling 386,144 from Saudo Denki and Hakuhara Electric. Both subsidiaries resolved to distribute these shares as(dividend-in-kind) during their respective extraordinary shareholders' meetings held earlier today. As a result, MIRAINI Holdings will acquire 386,144 shares of its own stock effective immediately.
This action complies with the Companies Act's requirement for subsidiaries to dispose of parent company shares within a reasonable timeframe but does not fall under the provisions of Article 156(1) of the act, which would require special approval under Article 163. Saudo Denki is headquartered at Tokyo, Minato Ku Shiba Ichi Choume14-10, while Hakuhara Electric Holdings is located at Aichi, Nagoya Shi Higashi Ku Higashisakura Ni Choume2. Each subsidiary holds ordinary shares of MIRAINI Holdings, with Saudo Denki holding 87,562 shares and Hakuhara Electric holding 298,582 shares. These acquisitions represent 0.25% and 0.84% respectively of the total outstanding shares of MIRAINI Holdings. This transaction is expected to have no impact on the consolidated performance outlook for the current fiscal period.
As of April 30, 2026, MIRAINI Holdings had a total of 35,481,762 ordinary shares outstanding, with 868 being held as treasury shares.
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