Software Service to Buy Back Shares and Transfer Ownership Amid Major Shareholder Changes

TOKYO, Jul 27 (Pulse News Wire) – Software Service,inc. (3733.T) announced plans to repurchase up to 400,000 shares of its common stock through the ToSTNeT-3 system on July 28, 2026.

The move follows an agreement with major shareholder and chairman Miyazaki Katsumi, who intends to sell up to 400,000 shares. After the buyback, Miyazaki will transfer his remaining shares to MM Holdings Co., Ltd., which he oversees, resulting in significant changes to the company's shareholder structure. As part of the transaction, US Bank National Association JP Accounts TS could potentially become a major shareholder due to increased holdings. Meanwhile, MM Holdings is expected to hold a substantial stake post-transfer, impacting the company’s governance.

The total value of the share repurchase is capped at ¥4.304 billion. Following the transactions, Miyazaki Katsumi will cease to be the largest shareholder, while MM Holdings will rise to the top position. The company emphasized that these actions aim to enhance capital efficiency without affecting ongoing operations or management policies. The buyback and subsequent transfers are scheduled to take place on July 28 and July 29, 2026, respectively.

These moves comply with regulations related to tender offers and acquisitions, as defined by government decree.