Wedge Holdings Corrects Shareholder Movements After Company Departure

TOKYO, Jul 14 (Pulse News Wire) – Wedge Holdings CO.,LTD. (2388.T) corrected shareholder movements following the departure of Showa Holding Kabushiki Kai Corp.

From being a parent company and controlling shareholder. As of June 25, 2026, Showa Holdings Corporation held 0 shares directly but retained 117,753 shares through SIX SIS LTD., resulting in a total of 117,753 shares. Prior to the movement, Showa Holdings had 20,700 shares directly and 11,300 indirectly, totaling 32,000 shares out of 424,509 total voting rights. Additionally, Nihonbashi Honmachi Confectionery Co.

Was incorrectly identified as a major shareholder due to acquiring 25.5% shares. However, since Wedge Holdings holds more than half of Nihonbashi Honmachi's shares, making it a subsidiary without independent voting rights, this designation is now corrected. The updated figures reflect changes in voting rights distribution among shareholders, with Showa Holdings transitioning from a controlling position to a related party status while maintaining some voting rights. The correction ensures transparency in reporting and aligns with regulatory requirements for accurate disclosure of shareholder structures.