On Jul 11, 福原 正大 submitted the Change Report to Ministry of Finance. The report shows that 福原 正大 increased their holdings in $Institution for a Global Society (4265.JP)$, with their joint shareholding ratio up from 13.16% to 18.35%.
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.