TIS reports major shareholder stake shift due to treasury stock buyback

TIS Inc. reported a change in a major shareholder and the largest major shareholder, Ichigo Trust Pte. Ltd., as of June 6, 2025. This change occurred because TIS began acquiring treasury stock on May 9, 2025, leading to a decrease in the total number of voting rights and a relative increase in Ichigo Trust's percentage of voting rights.

Ichigo Trust Pte. Ltd. maintained 231,713 voting units (23,171,300 shares) both before and after the change. However, its percentage of total voting rights increased from 9.91% as of March 31, 2025, to 10.00% as of June 6, 2025, while its ranking as a major shareholder remained second. The top-ranking shareholder, The Master Trust Bank of Japan, Ltd., is not considered a "major shareholder" under Japanese financial regulations.

TIS confirmed that this change is not expected to impact the company's business performance. The company also apologized for the delay in disclosing this information.