Yuasa Cancels Previous Major Shareholder Movement Announcement

TOKYO, Jun 19 (Pulse News Wire) – Yuasa CO.,LTD. (8074.T) canceled its previous major shareholder movement announcement made on August 22, 2024.

On August 22, 2024, the company had initially disclosed a significant change in major shareholders based on a large shareholding report submitted by FMR LLC to the Kanto Regional Finance Bureau. However, subsequent corrections revealed that FMR LLC held shares through multiple accounts, which did not constitute a major shareholder movement.

Therefore, YUASA decided to cancel the August 22, 2024, announcement due to the inaccuracies identified in the initial report. This cancellation clarifies that there was no actual change in the status of major shareholders as previously reported.