◆May 19th, 2026
Strategic Capital, Inc. (hereinafter referred to as “Strategic Capital”) is under a discretionary investment contract with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter referred to as the “Fund”) and the Fund and Strategic Capital (hereinafter referred to as “we”) hold approximately 14% of Yellow Hat LTD. (hereinafter referred to as the “Company” or “Yellow Hat”).
Yellow Hat’s stock valuation has remained sluggish over the long term, and over the past ten years its PBR has consistently trailed that of TOPIX.
We are pleased to announce that, in order to enhance shareholder value, we have notified the Company of our execution of the shareholders’ right to make a proposal at the annual shareholder meeting held in the coming June.
The details of the proposals and the reasons are as follows. For further details, please refer to the dedicated website (https://stracap.jp/english/YELLOWHAT.pdf).
A brief detail of our proposal is as followings.
Shareholder Proposal to YELLOW HAT LTD. (9882) and the Launch of the Campaign Website on the Proposal
