Nippon Denkai : Notification regarding a Change of Major Shareholder
March 14, 2022 at 04:54 am EDT
Share
March 14, 2022
Company Name:
Nippon Denkai, Ltd.
Representative:
Hidemasa Nakajima
President and CEO
Listed on:
Tokyo Stock Exchange
Stock Ticker Code:
5759
Contact Person
Yoichi Yamamoto
Director and CFO
Notification regarding a Change of Major Shareholder
Nippon Denkai, Ltd. (TSE:5759, "Nippon Denkai") announces that there has been a change of Major Shareholder on March 3, 2020 as follows.
1. Reason for the Change
Asset Management One Co., Ltd. (hereafter "Asset Management One"), one of the shareholders of Nippon Denkai, has filed a Mass Holding Report to the Finance Bureau on March 10, 2022.
According to the report, Asset Management One and 3 companies, Mizuho Securities Co., Ltd., Mizuho Securities USA LLC, Asset Management One International Ltd. (hereafter "Joint Holders") own the share of Nippon Denkai more than 10% and have become the Major Shareholder.
2. Overview of shareholders subject to change
Name
Address
Name and Title of Representative
Business
Paid-inCapital
Asset Management One Co., Ltd.
8-2, Marunouchi 1chyo-me,Chiyoda-ku Tokyo
Akira Sugano, President & CEO
Investment management business, Investment advisory and agency business, Type II Financial instruments business, Commodity investment advisory business, etc.
2 billion yen
The followings are the Joint Holders.
Name
Address
Name and Title of Representative
Business
Paid-inCapital
Mizuho Securities Co., Ltd.
5-1, Otemachi 1chyo-me,Chiyoda-ku Tokyo
Yoshiro Hamamoto, President & CEO
Financial Instruments Business
125,167 million yen
(1) Name
Mizuho Securities USA LLC
(2) Address
1271 Avenue of the Americas, New York,
NY 10020, USA
(3)
Name and Title of Representative
President & CEO Gerald A. Rizzieri
(4)
Business
Financial Instruments Business
(5)
Paid-in Capital
429,259 thousand U.S. Dollars
(1) Name
Asset Management One International Ltd.
(2) Address
30 Old Bailey, London, EC4M 7AU, UK
Name and Title of RepresentativeToru Yoshibe, Chief Executive Officer
(4)
Business
Investment management business, etc.
(5)
Paid-in Capital
9,000 thousand British Pounds
3. Number and ratio of voting rights held by the shareholder
Direct Ownership
Joint Holder
Total
Before the Change
5,758
920
6,678
(as of February 15, 2022)
（7.94%）
（1.26%）
（9.21%）
After the Change
6,404
1,020
7,424
(as of March 3, 2022)
（8.83%）
（1.40%）
（10.24%）
Notes： The ratio of voting rights are calculated based on 7,250,000 shares held by all shareholders as of March 14,2022, rounded down to two decimal places.
4. Future Outlook
On the report, Asset Management One and Joint Holders shows their purpose of shareholding as Investment trusts, Discretionary investment agreements, Dealing on the short-term trading, or Temporary holding based on Lending or other transactions.
This Change can be made without impact to the management structure or business performance of Nippon Denkai.
Nippon Denkai Ltd. published this content on 14 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2022 08:53:05 UTC.
Nippon Denkai Ltd is a Japan-based company mainly engaged in the manufacture and sale of electrolytic copper foils. The products include copper foils for in-vehicle batteries, high-strength copper foils, copper foils for microcircuit substrates, ultrathin copper foils with carriers and general-purpose foils. The products are mainly materials for lithium-ion secondary batteries (LIB) installed in electric vehicles (EV) and hybrid automatic vehicles (HV) and materials for circuit boards mounted on electronic devices including 5th Generation Mobile Communication System (5G)-related devices such as mobile phones, among others.
NIPPON DENKAI,LTD. 
