On Jun 25, 株式会社ヴァレックス・パートナーズ submitted the Change Report to Ministry of Finance. The report shows that 株式会社ヴァレックス・パートナーズ decreased their holdings in $Japan Property Management Center (3276.JP)$, with their joint shareholding ratio down from 10.57% to 9.55%.
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.