Three T. Rowe Price entities together hold 8,660,100 shares of Taiheiyo Cement, or 7.32% of the company, according to a joint amendment to their large-shareholding report. The percentage matches the figure in their previous report, so the filing records no net change in the group's stake.
What triggered the amendment
The amendment is No. 7 in the series. It was submitted on 22 October 2026 to the director-general of the Kanto Local Finance Bureau, with 15 October 2026 as the date the reporting obligation arose. The stated reason is the signing or change of a material contract involving 1% or more. All three entities list their holding purpose as pure investment.
The contracts in question are securities-loan agreements. Each entity reports shares lent out to banks. T. Rowe Price Japan lent shares to Barclays Capital Securities Limited (2,245), BNP Paribas Financial Markets (177,471), Citigroup Global Markets Limited (20,500) and UBS AG London Branch (29,182). T. Rowe Price International lent 78,761 shares to Barclays Capital Securities Limited. T. Rowe Price Associates lent 6,000 shares to Merrill Lynch International. The amendment does not give lending terms or say whether loans rose or fell.
The stake by entity
Percentages are measured against 118,191,578 issued shares as of 25 June 2026. T. Rowe Price Japan's holding slipped by 0.01 percentage point and T. Rowe Price Associates' rose by 0.01 point. The two moves offset each other in the 7.32% total, and T. Rowe Price International's 4.78% was unchanged.
| Entity | Shares held | Current % | Prior report % |
|---|---|---|---|
| T. Rowe Price Japan, Inc. | 2,723,600 | 2.30 | 2.31 |
| T. Rowe Price International Ltd. | 5,653,300 | 4.78 | 4.78 |
| T. Rowe Price Associates, Inc. | 283,200 | 0.24 | 0.23 |
| Combined | 8,660,100 | 7.32 | 7.32 |
The report names T. Rowe Price Japan, Inc. as the filer, represented by Naoyuki Honda, its representative director and chief executive. The other two entities have authorised it by power of attorney to file on their behalf.