Evo Fund Takes 50.05% Stake in Kaihan (3133) | Large Shareholding Report

A large shareholding report (EDINET filing) reveals that Evo Fund has raised its stake in Kaihan (3133) to 50.05% of outstanding shares. The acquisition was made by an event-driven investment fund affiliated with Evolution Japan. Kaihan operates in the shipping business, and this shareholding represents a controlling stake representing a substantial portion of the company's market capitalization.

At the time of disclosure on March 16, the stock price stood at ¥368. Notably, no previous filings by the same investor in this stock were found within the prior 400 days, suggesting this represents either a new position or a significant resumption of ownership. The estimated acquisition cost totaled ¥11.5 billion.