AZ-COM Maruwa Holdings: TARO'S Co. becomes largest shareholder

AZ-COM Maruwa Holdings Inc. announced a change in its major and largest shareholder, stemming from a stock lending agreement. Masaru Wasami, previously the major and largest shareholder, lent a portion of his common stock holdings to Mizuho Securities Co., Ltd.

As a result, Masaru Wasami's stake decreased from 19.42% of total voting rights to 16.23%, moving him to number two.

Concurrently, TARO'S Co., Ltd. has become the new major and largest shareholder. TARO'S Co., Ltd. now holds 19.08% of total voting rights, shifting its ranking from number two to number one. The company stated this change would not impact its management structure or business performance, though further changes are possible when the loaned shares are returned.