Art Vivant

7523.TTSE STANDARDRetail Trade

Major holders (5%+) · 2

Holder	Stake	Change	Filed
Orsay CO., LTD.	59.73%	—	2026-09-01
Katsu Corporation Limited	33.76%	0.00pp	2026-09-01

Each holder's own ratio from its most recent large-shareholding report.

Former and minor holders (below 5%) · 3

Katsumi Nozawa	0.52%	2026-09-01
MAGO CREATION INC.	0.00%	2026-08-31
Maki Hiroyuki	0.00%	2026-09-01

Tender offers · 2

Filed	Offeror	Price	Period ends	Status	Filings
2026-07-13	Orsay CO., LTD.	¥1,900	2026-08-25	Successful94.02% after	3
2025-09-01	Orsay CO., LTD.	¥1,670	—	Unsuccessful37.70% after	5

Grouped by EDINET filing links. Price and outcome as stated in filings.

Ownership history · 37

Filed	Holder	Ratio	Change	Purpose
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	39.93%	-0.02pp	Material proposals to management (activist); Participation in management; Long-term holding
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	39.95%	+1.09pp	Material proposals to management (activist); Participation in management; Long-term holding
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	38.86%	+4.93pp	Material proposals to management (activist); Participation in management
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	33.93%	+1.51pp	Going-private / tender offer related; Material proposals to management (activist); Participation in management
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	32.42%	+1.30pp	Going-private / tender offer related; Material proposals to management (activist); Participation in management
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	31.12%	+1.38pp	Going-private / tender offer related; Material proposals to management (activist); Participation in management
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	29.74%	+1.81pp	Going-private / tender offer related; Material proposals to management (activist); Participation in management
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	27.93%	+12.35pp	Going-private / tender offer related; Material proposals to management (activist); Participation in management
2025-09-02Amended	Maki Hiroyuki2025-09-02 · amended	15.58%	new	Going-private / tender offer related; Long-term holding
2025-03-06	-2025-03-06	1.57%	no change	—
2025-03-06	Katsu Corporation Limited2025-03-06	23.84%	-0.77pp	—
2024-09-30	-2024-09-30	1.57%	-2.16pp	—
2024-09-30	Katsu Corporation Limited2024-09-30	24.61%	-6.25pp	—
2024-09-25	-2024-09-25	3.73%	+0.10pp	—
2024-09-25	Katsu Corporation Limited2024-09-25	30.86%	no change	—
2024-03-12	-2024-03-12	3.63%	new	—
2024-03-12	Katsu Corporation Limited2024-03-12	30.86%	new	—

Each holder in 5% reports, joint holders included. Purpose is classified from the filed text.