UACJ announces major shareholder change as Furukawa Electric sells stake

UACJ Corporation announced on December 2, 2025, a scheduled change in its major shareholders. Furukawa Electric Co., Ltd., a current major shareholder, informed UACJ of its intent to sell a portion of its shares on December 3, 2025, via a block trade through a securities company. This transaction, if completed as planned, will alter UACJ's major shareholder landscape. Furukawa Electric cautioned that the number of shares to be sold could fluctuate based on market conditions, potentially impacting whether the change materializes.

Prior to the planned transaction, as of September 30, 2025 (and accounting for a 1-for-4 stock split effective October 1, 2025), Furukawa Electric held 257,460 voting rights (equivalent to 25,746,000 shares), representing 14.34% of UACJ's total voting rights. This made Furukawa Electric the second-largest shareholder. After the planned sale, Furukawa Electric's holding percentage and major shareholder ranking are expected to become "undetermined."

Furukawa Electric Co., Ltd., based in Tokyo, is engaged in infrastructure, electrical and electronic equipment, functional products, and services. As of September 30, 2025, its stated capital was JPY 69,395 million.