Evo Fund Takes 48.19% Stake in J Holdings (2721) | Large Shareholding Report

A large shareholding report (EDINET filing) reveals that Evo Fund has acquired a 48.19% stake in J Holdings (2721). Evo Fund is an event-driven investment fund managed by Evolution Japan, focusing on investment opportunities tied to specific corporate events. The 48.19% holding positions the fund as a leading shareholder, controlling nearly half of the company's outstanding shares.

The report was filed on February 20, 2026, with the estimated acquisition amount totaling ¥890 million. With no prior filings by the same investor detected within the past 400 days, this appears to be a fresh or substantially renewed investment position, indicating that the fund has made a deliberate capital deployment decision regarding J Holdings.