NAC Reveals Delayed Disclosure of Major Shareholder Change After Share Buyback

NAC Co., Ltd. ( (JP:9788) ) just unveiled an update.

NAC Co., Ltd. has announced a change in its major shareholder structure resulting from a share repurchase carried out in May 2023. The buyback reduced the total number of voting rights, thereby proportionally increasing the ownership ratio of existing shareholders and elevating Yamada Holdings Co., Ltd. from the third- to the second-largest shareholder without any change in the number of shares it holds.

The company admitted that it failed to disclose this change in a timely manner and has issued an apology, pledging to strengthen its procedures to ensure prompt future disclosures. NAC also disclosed that, as of March 31, 2026, Yamada Holdings holds 10.64% of total voting rights as the second-largest shareholder and stated that the change in major shareholder status will have no impact on its consolidated business performance.

More about NAC Co., Ltd.

NAC Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market under securities code 9788. While this notice focuses on its shareholder structure, NAC operates as a diversified corporate group, and its shares are held by major institutional investors such as Yamada Holdings Co., Ltd., reflecting its position in the domestic capital market.

Average Trading Volume: 82,517

Technical Sentiment Signal: Buy

Current Market Cap: Yen22.87B

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