www.happiness-d.co.jp/page/20260316003.pdf

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May 15, 2026, 06:35 PM

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https://www.happiness-d.co.jp/page/20260316003.pdf

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This document informs that Atsushi Ta and Yasuo Ta, who were controlling shareholders of Happiness and D Co., Ltd., no longer qualify as controlling shareholders as of December 18, 2025. The change occurred due to the exercise of subscription rights for new shares issued on November 4, 2025, which reduced their voting rights ownership percentages. Specifically, Atsushi Ta's ownership decreased from 50.57% to 47.90%, and Yasuo Ta's from 50.57% to 47.90%. The document states that there will be no impact on the company's management structure or performance going forward.

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