On Jun 21, シティグループ・グローバル・マーケッツ・リミテッド submitted the Change Report to Ministry of Finance. The report shows that シティグループ・グローバル・マーケッツ・リミテッド decreased their holdings in $Tatsuta Electric Wire and Cable (5809.JP)$, with their joint shareholding ratio down from 6.92% to 2.52%, below 5%.
Source: Edinet Announcement
What is the 5% shareholding reporting system?
Shareholders with holding ratio exceeding 5% must submit a Large Shareholding Report within five business days from that day. If the holding ratio increases or decreases by 1% or more after submitting a Large Shareholding Report, the holder must submit a Change Report within five business days from that day.