Tokyo – Bridgestone Corp. is no longer the largest shareholder in JSR Corp. following the sale of part of its shares over the recent months.
Bridgestone’s stake in the Japanese materials supplier stood at 220,335 units on 13 May, down from 223,661 units at the end of March.
As of 13 May, Bridgestone’s voting rights reduced to 9.999% of total voting rights from the previous 10.15%.
“As a result, Bridgestone Corp. ceased to be JSR’s largest major shareholder,” JSR said in a 13 May statement.
JSR added that the…