October 5, 2023

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: +81-25-524-7101)

Notice Concerning Change of Major Shareholder

Arisawa Mfg. Co., Ltd. (the "Company") hereby announces that there has been a change of the major shareholder of the Company on September 27, 2023, as described below.

  1. Background for the change
    On October 4, 2023, the Company confirmed the change in the status of major shareholder according to a Report of Possession of Large Volume (change report) submitted to the Kanto Local Finance Bureau by the following shareholder.
  2. Overview of the shareholder subject to the change

(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

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

Number of voting rights

Ratio of voting rights

Ranking among

(Number of shares held)

held by all shareholders

major shareholders

Before the change

30,887units

9.29%

---

(As of Sep 15, 2023)

(3,088,700 shares)

After the change

35,275units

10.61%

---

(As of Sep 27, 2023)

(3,527,500 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 332,195 which is the number of voting rights after deducting the number of shares without voting rights of 330,907 from the total number of issued shares of 33,550,424 as of September 30, 2023.
  2. The "Ratio of voting rights held by all shareholders" is rounded down to the third decimal
    • 1 -

place.

  1. The "Number of voting rights" before the change is based on the Report of Possession of Large Volume (change report) as of September 15, 2023 submitted by the shareholder to the Kanto Local Finance Bureau on September 25, 2023, and the "Number of voting rights" after the change is based on the Report of Possession of Large Volume (change report) as of September 27, 2023 submitted by the shareholder to the Kanto Local Finance Bureau on October 4, 2023, respectively. The Company has not confirmed the actual number of shares and the number of voting rights held by the relevant shareholder.
  2. The "Ranking among major shareholders" is not stated because it has not been confirmed.

4. Future outlook

The announcement is based on the Report of Possession of Large Volume (change report), and there is no special note on future outlook.

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Arisawa Mfg Co. Ltd. published this content on 13 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2023 08:24:29 UTC.