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FTGroup's Second-Largest Shareholder Exits, Leaving Hikari Tsushin With 72.6% of the Vote

HCMA Alpha sold its entire 13.03% stake in FTGroup on June 30, 2026, and neither filing says who bought it, leaving parent Hikari Tsushin as the only sizeable shareholder still on the register.

Jul 14, 20262 min readFTGroup CO.,LTD.2763
Abstract illustration of a pie-chart-style ownership diagram showing one large dominant block and a smaller wedge fading away, representing a shareholder exit.

FTGroup Co., Ltd. (TSE Standard: 2763) has lost its second-largest outside shareholder. HCMA Alpha Co., Ltd., a Tokyo-based holding company whose stated business is managing securities investments, sold its entire 3,870,200-share stake in FTGroup, 13.03% of the voting rights, effective June 30, 2026. FTGroup confirmed the change after a large shareholding amendment report was filed on July 7, and it followed with an extraordinary report to the Kanto Local Finance Bureau on July 14.

Before the sale, HCMA Alpha held 38,702 voting-right units on a base of 297,090 total units outstanding as of March 31, 2026, ranking it FTGroup's second-largest shareholder. After June 30, it holds none.

FTGroup shareholder change, June 30, 2026
Figures from FTGroup's TDnet disclosure and EDINET extraordinary report, filed July 14, 2026.
ShareholderBefore June 30, 2026After June 30, 2026
HCMA Alpha (exiting shareholder)3,870,200 shares (13.03%)0 shares (0%)
Hikari Tsushin (parent)Not disclosed in this filing21,576,300 shares (72.62%)

Neither disclosure says who bought the shares or whether HCMA Alpha sold on the market or in a private transaction. What both filings do confirm is that parent company Hikari Tsushin, Inc. remains FTGroup's controlling shareholder, holding 21,576,300 shares, 72.62% of the vote. HCMA Alpha's exit does not change Hikari Tsushin's own stake on paper, but it removes the only other sizeable block from FTGroup's shareholder register, leaving a thinner pool of investors outside the parent company.

HCMA Alpha is run by representative director Hideaki Wada from an office in Toshima, Tokyo, and its business description, holding and managing securities, fits an investment vehicle rather than an operating company. FTGroup's own extraordinary report lists capital stock of ¥1.34bn and 30,342,268 shares outstanding as of the July 14 filing date.

Both disclosures state there is nothing further to report about future plans tied to the change. With more than seven in ten votes already sitting with one shareholder, the disappearance of the next-largest holder concentrates FTGroup's ownership further, and leaves open the question of who, if anyone, now holds the stake HCMA Alpha gave up.