Notice Concerning Change of Major Shareholder

KADOKAWA CORPORATION has officially confirmed a shift in its major shareholder composition following a regulatory filing submitted to the Kanto Local Finance Bureau. The disclosure identifies Oasis Management Company Ltd., a Cayman Islands-based asset management firm, as the entity responsible for the change. This update reflects the company’s commitment to transparency regarding its equity structure and institutional investor activity within the Japanese market.

The data indicates that Oasis Management increased its stake in KADOKAWA CORPORATION between March 12 and March 16, 2026. Specifically, the firm’s holdings rose from 131,973 voting rights to 148,931 voting rights. This acquisition increased the firm’s total ownership ratio from 8.89% to 10.03% of the company’s total voting rights. These figures were calculated against a total of 1,484,474 voting rights, which accounts for recent treasury share dispositions related to performance-based stock compensation plans.

The methodology for these findings relies on the Large Shareholding Report submitted by the investor, as the company does not independently verify the actual share certificates held under the shareholder's name. As this development is purely a matter of equity ownership reporting, KADOKAWA CORPORATION has indicated that there is no immediate impact on its corporate strategy or future outlook. The announcement serves as a formal notification to stakeholders and the Tokyo Stock Exchange regarding the change in significant ownership status.