Wedge Holdings Restrained From Selling Acquired Shares Amid Legal Challenge

TOKYO, Jul 22 (Pulse News Wire) – Wedge Holdings CO.,LTD. (2388.T) received a temporary injunction prohibiting the sale of shares acquired through exercising collateral rights on June 26, 2026.

The injunction was delivered by the Tokyo District Court on July 13, 2026, halting the planned transfer of these shares. The injunction, filed under case number Tokyo District Court Reiwa 8 (Yo) No. 1955 Temporary Injunction Application Case, restricts Wedge Holdings from transferring or setting up pledges on the listed shares: 1. Nihonbashi-machi Confectionery Company Limited: Ordinary shares of 13,077 2.

Asuka Foods Corporation: Ordinary shares of 4,032 3. Showa Rubber Co., Ltd.: Ordinary shares of 9,540 4. Lucent Corporation: Ordinary shares of 540 In response, Wedge Holdings maintains that its actions were legitimate and asserts its right to proceed with the sale of the acquired shares. The company plans to argue its position in court and will promptly disclose any further developments.