Translation
Note: This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the Japanese original
shall prevail.

April 9, 2021
Dear Sirs and Madams,Company:
Representative:
Contact:Roland Corporation
Jun-ichi Miki, CEO & Representative Director(Securities Code: 7944; TSE First Section)
Naoyuki Tamura, Senior Executive Officer(Tel. 053-523-3652)

Notice Concerning Change in Controlling Shareholder Other Than Parent Company
Roland Corporation (the “Company”) hereby announces that the change in the Company’s controlling shareholder
other than parent company occurred on April 9, 2021, as described below.

1. Background of the change
Taiyo Jupiter Holdings, L.P. has ceased to be the Company’s controlling shareholder other than parent company
on April 9, 2021 due to an increase in the total number of issued shares associated with the exercise of shareacquisition rights.

2. Overview of Taiyo Jupiter Holdings, L.P.
(1)

Name

(2)

Location(3)(4)

Taiyo Jupiter Holdings, L.P.

4th Floor, Harbour Place, 103 South Church Street, George Town, PO
Box 10240, Grand Cayman, KY1-1002, Cayman Islands
A limited partnership under the Cayman Islands Exempted Limited
Basis of establishment, etc.
Partnership Law

Overview of operating
partnersName

Taiyo Jupiter Holdings GP Ltd.

Location

5300 Carillon Point, Kirkland, WA 98033,USA

Job title and name ofrepresentative

Director
Brian K. Heywood

Description of business Investment business in the Japanese market(5)

Overview of Japanese agent

Share capital

500 thousand US dollar

Name

SMBC Nikko Securities Inc.

Location

3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo

Job title and name ofrepresentative

President & CEO Yuichiro Kondo

Description of business Financial instruments business
Share capital

10 billion yen (As of December 31, 2020)

Translation
Note: This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the Japanese original
shall prevail.
Status of investments
Taiyo Jupiter Holdings, L.P. directly holds
between the Company 50.47% voting rights of the total number ofand the counterparty
issued shares. (As of December 31, 2020)
Taiyo Pacific Partners, L.P., which indirectly
Relationship between theRelationship between
and completely controls Taiyo Jupiter Holdings(6)
Company and thethe Company andGP Ltd., has dispatched one Director to thecounterparty
operating partners
Company.
Relationship between
the Company andNo applicable matters.
Japanese agent
3. Number of voting rights, number of shares, and ratio of voting rights held owned by Taiyo Jupiter Holdings,
L.P. before and after the change

Attribute

Before the change(As of December 31, 2020)

Controlling shareholder
other than parentcompany

Number of voting rights(Number of shares held, Ratio of voting rights held)
Voting rights directly
heldVoting rights subject
to aggregation

Total

139,200 units(13,920,030 shares)(50.47％)-139,200 units(13,920,030 shares)(50.47％)139,200 units
139,200 units(13,920,030 shares)(13,920,030 shares)(49.97％)(49.97％)
Notes: 1. 1,366 shares, less than one unit, are deducted from the total number of issued shares.
2. As of December 31, 2020, the total number of issued shares is 27,581,366.
As of April 9, 2021, the total number of issued shares is 27,860,450.
3. The ratio of voting rights held to the total number of voting rights is rounded off to the second decimal place.
After the change(As of April 9, 2021)-5. Future outlook
The change has no impact on the Company’s operating results, etc.