Source disclosure: February 24, 2026

SOCIALWIRE CO.,LTD. [3929.T]

TOKYO, Feb 24 (Pulse News Wire) – Socialwire CO.,LTD. (3929.T) announced that its founder and former major shareholder, Muneoki Yata, stepped down after selling part of his holdings.

As a result, Yata's stake fell below the threshold for major shareholder status, dropping his voting rights share to less than 10%. This sale was aimed at enhancing stock liquidity and improving the proportion of freely tradable shares. Despite this reduction, Yata remains committed to long-term corporate value enhancement in his role as president and CEO. The company stated it will continue to work towards fair market valuation through increased stock liquidity and sustained growth in PR operations and Cost Kouzou Kaikaku.

Prior to the transaction, Yata held 11,706 votes, ranking him second among major shareholders based on data from September 30, 2025. Post-sale, he retains the second position but with fewer shares. The total number of outstanding shares used for calculating voting rights excludes those without voting privileges. The move is expected to have no impact on the company’s performance or management structure.

Yata will continue to lead the company, focusing on growing the PR business and advancing initiatives in Cost Kouzou Kaikaku to maximize enterprise value.

AI-translated content. 🟢 Confidence: High See termsOriginal filing

💬 Help us improve translation quality
Notice any errors in this article? Let us know with one click.
🎁 Report 3+ errors with your email and get a free month of premium access