Share Concentration Among Certain Shareholders and Stock Price Volatility
First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2025.
25 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As of 31 March 2025, Representative Director and President Dōgu Toshio (道具 登志夫) held 2,256,457 of the 14,133,000 issued shares, including treasury shares, making him the largest shareholder. His holding represented approximately 16.0% of the shares held, including those held through the officers’ shareholding association.」
The risk associated with a shareholder structure in which the representative director and president is the largest shareholder, holding approximately 16.0%, together with risks relating to share concentration and acquisitions, continues. - FY2025-H1RestatedAnnual report
「Dōgu Toshio (道具 登志夫) Minato-ku, Tokyo 2,256,412 16.54」
The representative director and president remained the largest shareholder as of 30 September 2024, with an ownership interest of 16.54%. - FY2024RestatedAnnual report
「As of 31 March 2024, Representative Director and President Dōgu Toshio (道具 登志夫) held 2,254,670 of the 14,133,000 issued shares, including treasury shares, making him the largest shareholder. His holding represented approximately 16.0% of the shares held, including those held through the officers’ shareholding association.」
The company continues to identify a shareholder structure in which the representative director and president is the largest shareholder, together with risks relating to share concentration and acquisitions. - FY2023RestatedAnnual report
「As of 31 March 2023, Representative Director and President Dōgu Toshio (道具 登志夫) held 2,253,226 of the 14,133,000 issued shares, including treasury shares, making him the largest shareholder. His holding represented approximately 16.1% of the shares held, including those held through the officers’ shareholding association.」
The company continues to identify a shareholder structure in which the representative director and president is the largest shareholder, together with risks relating to share concentration and acquisitions. - FY2021RestatedAnnual report
「As of 31 March 2021, Representative Director and President Dōgu Toshio (道具 登志夫) held 2,403,063 of the 14,133,000 issued shares, including treasury shares, making him the largest shareholder. His holding represented approximately 17.1% of the shares held, including those held through the officers’ shareholding association.」
The company describes a shareholder structure in which the representative director and president is the largest shareholder, together with risks relating to share concentration and acquisitions. - FY2018RestatedAnnual report
「As of 31 March 2018, Digital Arts Inc. had 14,133,000 issued shares, including treasury shares. Because the number of shares other than those held by officers was relatively small at 11,635,021 shares, concentrated share ownership by domestic and overseas institutional investors could reduce the number of shareholders through concentration of shares among specific shareholders, potentially resulting in noncompliance with delisting criteria.」
The risks of shareholder concentration and share price volatility based on the number of issued shares, shares held by officers, and concentrated ownership and selling by institutional investors continue to be identified. - FY2017RestatedAnnual report
「As of 31 March 2017, Digital Arts Inc. had 14,133,000 issued shares, including treasury shares. Because the number of shares other than those held by officers was relatively small at 11,122,923 shares, concentrated share ownership by domestic and overseas institutional investors could reduce the number of shareholders through concentration of shares among specific shareholders, potentially resulting in noncompliance with delisting criteria.」
The risks of shareholder concentration and share price volatility based on the number of issued shares, shares held by officers, and concentrated ownership and selling by institutional investors continue to be identified. - FY2016First statedAnnual report
「Because the number of shares other than those held by officers is relatively small at 10,586,323 shares, concentrated share ownership by domestic and overseas institutional investors could reduce the number of shareholders through concentration of shares among specific shareholders, potentially resulting in noncompliance with delisting criteria.」
The company describes the risks of concentrated ownership and concentrated selling based on a shareholder structure comprising 14,133,000 issued shares and approximately 25.0% held by the representative director.