
WAYS: The controlling shareholder reduced its holdings, and the equity change reached the 1% threshold
WAYS announced that on October 31, 2025, the controlling shareholder Watanabe Yōichi reduced his holdings in the company by 1.901 million shares through block trading, accounting for 0.89% of the total share capital, with his shareholding ratio decreasing from 51.53% to 50.64%, reaching a 1% threshold for equity changes. This reduction is part of a previously disclosed plan and does not trigger a mandatory takeover bid; the reduction plan has not yet been fully implemented. This change will not lead to a change in the controlling shareholder or actual controller, will not have a significant impact on corporate governance and operations, and does not violate relevant regulations

