TOKYO, May 25 (Pulse News Wire) – Token Corporation (1766.T) announced today that its founder, former Chairman Shigenori Sakumoto, passed away on July 24, 2025. As a result, his son, President and CEO Yoshihiro Sakumoto, inherited shares and became a major shareholder effective May 18, 2026.
The inheritance was officially reported. Prior to the inheritance, the deceased held 1,450,400 shares, ranking eighth among shareholders based on data from April 30, 2026. After the inheritance, Yoshihiro Sakumoto now holds the same number of shares but ranks third among major shareholders.
The total number of outstanding shares as of April 30, 2026, was 1,452,856,000, excluding non-voting shares and treasury stock. The percentage of voting rights held by Yoshihiro Sakumoto increased significantly, reflecting his new position within the company. Token Corporation stated that this share transition will not impact the company’s performance outlook.
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