Edion Corporation

An investment firm affiliated with the former Murakami Fund, City Index Eleventh, together with joint holder Aya Nomura and others, has disclosed a combined 5.10% stake in Yamada Holdings, according to a large shareholding report filed on the 21st. Aya Nomura individually holds 3.32%, with the reporting obligation triggered on the 13th. The stated purpose of the holding includes the possibility of providing advice and proposals on capital policy and corporate governance to enhance shareholder value. Yamada Holdings announced on June 5 that it had agreed to proceed with discussions and considerations for a business integration with Edion, and had signed a basic agreement. On the same day, City Index Eleventh also submitted a large shareholding report disclosing a combined 5.03% stake in Mitsubishi Paper Mills with joint holders.