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Belluna Co., Ltd. ( (JP:9997) ) just unveiled an update.
Belluna Co., Ltd. announced that its major and principal shareholder will change on March 31, 2026, due to an absorption-type merger in which Friend Stage Co., Ltd. will take over Friend Stage Asset Management Co., Ltd. As a result, Friend Stage will directly inherit 41,383,714 Belluna shares, representing 43.02% of voting rights, making it the top shareholder.
The restructuring effectively shifts Belluna’s largest shareholding from an asset management subsidiary to its parent company, consolidating ownership under Friend Stage without altering the overall control profile. Belluna stated that the change will have no impact on its management structure or business performance, suggesting limited operational disruption for stakeholders despite the formal change in major shareholder status.
The most recent analyst rating on (JP:9997) stock is a Hold with a Yen1041.00 price target. To see the full list of analyst forecasts on Belluna Co., Ltd. stock, see the JP:9997 Stock Forecast page.
More about Belluna Co., Ltd.
Belluna Co., Ltd., listed on the TSE Prime Market under code 9997, operates as a diversified group with a focus on retail-related businesses, while its key shareholder base is closely tied to the Yasuno family. Its major shareholders include entities engaged in real estate leasing and securities management, reflecting a structure in which financial and asset management arms hold significant stakes.
YTD Price Performance: -2.01%
Average Trading Volume: 344,559
Technical Sentiment Signal: Buy
Current Market Cap: Yen94.36B
See more data about 9997 stock on TipRanks’ Stock Analysis page.

