Oiles Corporation announces shift in major shareholder structure

Oiles Corporation announced a change in its major shareholder and largest major shareholder status, effective September 5, 2025. This change stems from the completion of payment procedures related to a stock grant trust (employee shareholding association disposal type) and a disposal of treasury shares through a third-party allotment, which resulted in a decreased percentage of voting rights held by existing shareholders.

Tokyo Small and Medium Business Investment & Consultation Co., Ltd., previously the largest major shareholder, maintained its holding of 29,664 voting units (2,966,450 shares). However, its ratio of voting rights to all shareholders decreased from 10.12% to 9.86% due to an increase in the total outstanding voting rights.

The calculation of voting rights ratios before the change was based on 293,034 voting rights. After the change, with the addition of 7,742 voting rights from the third-party allotment, the denominator increased to 300,776 voting rights. Oiles Corporation stated that this shift in major shareholder structure is not expected to impact the company's performance.