Soul Ventures Holdings Limited Corrects Reported Stake in abc (8783) to 0% | Amended Large Shareholding Report

A large shareholding report (EDINET filing) shows that Soul Ventures Holdings Limited has revised its previously disclosed stake in abc (8783) from 17.35% to 0%. The revision comes from a UK-based venture capital firm. abc is a diversified company operating in mobile game development and publishing, Web3, finance, and cybersecurity, while pursuing a business transition centered on blockchain technology. The former 17.35% holding represented a significant shareholder position in the company's market capitalization. The stock price stood at ¥59 as of the August 7, 2026 disclosure date.

Stake Reduced From 17.35% to Zero in Five Months

Soul Ventures Holdings Limited has filed three large shareholding reports on this security, with its initial disclosure dating to March 18, 2026 at 17.35%. The position built over preceding filings has now been written down to 0% through this revision. Approximately five months elapsed between the initial March filing and the August correction.

Positioning Among abc's Major Foreign Shareholders

Reviewing abc's major shareholders by holding percentage, Long Corridor Asset Management Limited leads at 33.96%, followed by WOWOO PTE. LTD. at 24.43%. Soul Ventures previously ranked as the third-largest shareholder at 17.35%. Subsequent investors include Jingxiang Knitting Co., Ltd. at 6.95%, Seacastle Singapore Pte. Ltd. at 3.48%, and Tricolor 2 LLC at 0.59%. Multiple overseas investors hold stakes in abc.

Extremely Low Valuation Multiples and Recent Trading Range

As of the disclosure date, abc's shares traded at a PER of 0.8x and PBR of 0.40x. A PER below 1.0x signals that the share price sits at an extremely depressed level relative to net earnings. The 0.40x PBR indicates the stock trades at 40% of its net asset value. The 0% position within the 52-week range shows the shares were at their lowest point in the preceding 12 months on the disclosure date.

*Speculation: The wind-down of a major venture capital investor's position may prompt shifts in abc's shareholder composition and lead market participants to reassess their views on the company's business transformation strategy and positioning.