A correction filed with Japan's Kanto Local Finance Bureau on September 3, 2026 makes one specific change to a large-shareholding report on KYORITSU AIR TECH INC., listed on the Tokyo Stock Exchange Standard Market under ticker 5997. The original report, whose reporting obligation arose on August 14, 2026, stated that submitter Arne Wolf Klaus Deussen "will" conduct important proposal acts (重要提案行為等) "for the purpose of pure investment and improving the issuer's corporate value." The correction changes that pledge to say he "may" conduct such acts instead.
Deussen, based in Wilhelmshaven, Germany, filed jointly with Dr. Deussen Capital GmbH, a German limited company registered at Kniphauser Deich 28b in the same city. The correction covers only the purpose field listed for Deussen as the first submitter; the document does not show a corresponding change to the purpose wording recorded for Dr. Deussen Capital GmbH. The correction was submitted under Article 27-25(3) of Japan's Financial Instruments and Exchange Act, the provision governing amendments to large-shareholding disclosures.
The excerpt reviewed here does not restate the size of the holding, how it is funded, or why the wording changed between the two filings. Those details, if disclosed, would sit in the original August 14 report or elsewhere in the amendment's supporting data rather than in the corrected text itself, and this article does not assume figures beyond what the correction states.
What the wording change does is narrow, but it is not nothing. Moving from "will" to "may" turns Deussen's stated commitment to seek proposals affecting the issuer's governance or strategy into an open-ended option. The correction names no specific proposal, board seat, deadline, or explanation for the shift. KYORITSU AIR TECH INC. shareholders are left knowing that Deussen has kept his own stated intent open-ended, while the filing gives no comparable wording change for his co-filer.