Oiles corporation sees major shareholder stake diluted after treasury share disposal

Oiles Corporation disclosed on September 5, 2025, that Tokyo Small and Medium Business Investment & Consultation CO., LTD. is no longer its major or largest major shareholder. This shift occurred due to a decrease in the percentage of voting rights held by existing shareholders, triggered by the completion of payment procedures related to the disposal of treasury shares, as detailed in an announcement on August 7, 2025.

Before the change, Tokyo Small and Medium Business Investment & Consultation CO., LTD. held 29,664 units (2,966,450 shares), representing 10.12% of Oiles Corporation's voting rights, ranking as the first major shareholder. After the change, while the number of units and shares held remained the same, the percentage of voting rights held decreased to 9.86%, maintaining its first-place ranking due to the dilution from newly issued shares.

The company stated that this change in major and largest major shareholder is not expected to have any impact on Oiles Corporation's performance. The total number of voting rights of all shareholders increased from 293,034 before the change to 300,776 after the third-party allotment.