tiprankstipranks
Advertisement
Advertisement

SAKURA Internet Sees Sojitz Drop Affiliated-Company Status After Stake Cut

Story Highlights
  • Sojitz cut its SAKURA internet stake from 26.27% to 14.80%, losing its status as an other affiliated company.
  • Despite the reduced holding, Sojitz remains SAKURA’s top shareholder and alliance partner, with no earnings impact expected.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SAKURA Internet Sees Sojitz Drop Affiliated-Company Status After Stake Cut

Claim 30% Off TipRanks

An update from SAKURA Internet Inc. ( (JP:3778) ) is now available.

SAKURA internet Inc. announced that Sojitz Corporation has ceased to be classified as an “other affiliated company” after Sojitz reduced its shareholding in SAKURA. The change was confirmed based on an amended large shareholding report filed by Sojitz on March 18, 2026, reflecting a significant partial transfer of SAKURA shares.

Following the transaction, Sojitz’s stake fell from 26.27% of SAKURA’s voting rights to 14.80%, although it remains the company’s largest shareholder. Despite losing the “other affiliated company” status, Sojitz continues to hold over 5.9 million SAKURA shares, second employees, and maintain business transactions under an existing alliance, and SAKURA expects no impact on its consolidated earnings for the current fiscal year.

The reclassification subtly shifts SAKURA’s shareholder structure and may afford the company somewhat greater governance independence from Sojitz while preserving strategic ties. For stakeholders, the company signals continuity in operations and alliances, indicating that the ownership change is not expected to alter day-to-day business or financial guidance in the near term.

The most recent analyst rating on (JP:3778) stock is a Hold with a Yen2685.00 price target. To see the full list of analyst forecasts on SAKURA Internet Inc. stock, see the JP:3778 Stock Forecast page.

More about SAKURA Internet Inc.

SAKURA internet Inc. is a Japan-based provider of internet infrastructure services, listed on the Tokyo Stock Exchange under securities code 3778. The company operates in the data center and cloud services domain, offering hosting and related solutions to corporate and individual customers in the domestic market.

Average Trading Volume: 675,191

Technical Sentiment Signal: Hold

Current Market Cap: Yen112B

For a thorough assessment of 3778 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1