Arisawa Mfg : Notice Concerning Change of Largest Major Shareholder as a Major Shareholder（102KB）

	April 9, 2024
Company name:	Arisawa Mfg. Co., Ltd.
Name of representative:	Yuta Arisawa, Representative
	Director and CEO
	(Securities code: 5208; TSE Prime
	Market)
Inquiries:	Takeshi Masuda, Director and
	Senior Managing Operating Officer
	(Telephone: [phone])

Notice Concerning Change of Largest Major Shareholder as a Major Shareholder

Arisawa Mfg. Co., Ltd. (the "Company") hereby announces that there has been a change of the largest major shareholder as a major shareholder of the Company, as described below.

1. Date of change March 31, 2024
2. Background for the change

On April 8, 2024, the Company received the shareholder register as of March 31, 2024 from our shareholder registry administrator, Sumitomo Mitsui Trust Bank, Limited, and confirmed the change in the status of the largest major shareholder as a major shareholder as below.

3. Overview of the shareholder subject to the change

1. New largest major shareholder

(1)	Name	The Master Trust Bank of Japan, Ltd. (Trust account)
(2)	Location	Akasaka Intercity AIR, 1-8-1 Akasaka, Minato-ku, Tokyo
(3)	Job title and name of	Representative Director, President, Toshikazu Mukohara
representative
(4)	Description of business	Asset Administration Services
(ii) Previous largest major shareholder as a major shareholder
(1)	Name	Strategic Capital, Inc.
(2)	Location	MO Building 6F, 3-14-15, Higashi, Shibuya-ku, Tokyo
(3)	Job title and name of	President & CEO, Tsuyoshi Maruki
representative
(4)	Description of business	Type II Financial Instruments Business, Investment Advisory Business,
Investment Management Business

- 1 -

4. Number of voting rights (number of shares) held by the said shareholder and its ratio to the voting rights held by all shareholders before and after the change

1. The Master Trust Bank of Japan, Ltd. (Trust account)

			Number of voting rights		Ratio of voting rights		Ranking among
			(Number of shares held)		held by all shareholders		major shareholders
	Before the change		38,158 units	11.48%		2nd
		(3,815,800 shares)
	After the change		43,245 units	13.01%		1st
		(4,324,500 shares)
(ii) Strategic Capital, Inc.
			Number of voting rights		Ratio of voting rights		Ranking among
			(Number of shares held)		held by all shareholders		major shareholders
	Before the change		42,208 units	12.69%		1st
		(4,220,800 shares)
	After the change		42,208 units	12.69%		2nd
		(4,220,800 shares)

(Notes)

1. The "Ratio of voting rights held by all shareholders" for both before and after the change is calculated based on the total number of voting rights held by all shareholders of 332,359 which is the number of voting rights after deducting the number of shares without voting rights of 330,933 from the total number of issued shares of 33,566,924 as of March 31, 2024.
2. The "Ratio of voting rights held by all shareholders" is rounded down to the third decimal place.
3. Number of shares before and after the change held by the previous largest major shareholder as a major shareholder in 3. (ii) is based on the Report of Possession of Large Volume (change report) as of February 13, 2024 submitted by the shareholder to the Kanto Local Finance Bureau. The Company has not confirmed the actual number of shares and the number of voting rights held by the relevant shareholder.
4. The "Ranking among major shareholders" is estimated by the Company based on the shareholder registry as of March 31, 2024.

5. Future outlook

The announcement is based on the confirmation for the shareholder register, and there is no special note on future outlook.

- 2 -