Komori
Information Strategy and Technology (155A) · RiskRestated

Reduced share liquidity due to concentration among major shareholders

First written in FY2023. 2 of 5 entries say "Mitigated", first in FY2024. Latest entry: FY2026-H1.

5entries
3years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2023MitigatedFY2024RestatedFY2025-H1MitigatedFY20252024: 120242025: 220252026: 22026
Same theme, other companies
Risk of declining share liquidity due to concentration among representative shareholdersA theme 13 companies write about · 13 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.

2 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company confirms collectively that there were no material changes in the risk of lower share liquidity due to concentration among major shareholders.
  2. FY2025MitigatedAnnual report

    「As of the end of the consolidated fiscal year, our tradable share ratio was 26.8%.」

    The tradable share ratio increased from 25.9% in the previous disclosure to 26.8%. The policy of improving share liquidity continues.
  3. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The company confirms collectively that there were no material changes in the risk of lower share liquidity due to concentration among major shareholders.
  4. FY2024MitigatedAnnual report

    「The tradable share ratio remains only 25.9%.」

    The tradable share ratio increased from 25.1% to 25.9%, but remains only slightly above the 25% continued-listing requirement.
  5. FY2023First statedAnnual report

    「The tradable share ratio remains only 25.1%.」

    The representative director and president and his asset management company hold more than 70% of voting rights, while the tradable share ratio is 25.1% against the 25% continued-listing requirement.
Moved together

"Expanding the Company's Scale to Drive Industry Reform" moved the same way as this thread, in the same document, in 2 of its 5 moves.

222222★123456
  1. ★This thread
  2. 1Expanding the Company's Scale to Drive Industry Reform2×
  3. 2Continuously increase billing rates in line with the value delivered by engineers2×
  4. 3Expand collaboration with and development of partner companies2×
  5. 4Expanding “WhiteBox” as an open platform for industry transformation2×
  6. 5Revenue, operating profit, number of engineers, unit prices, and WhiteBox members increased2×
  7. 6Dependence on the Representative Director and President2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Information Strategy and Technology yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Reduced share liquidity due to concentration among major shareholders | Information Strategy and Technology Co.,Ltd. (155A) | Komori