Risk of declining liquidity in our shares
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 14 of 48 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new occurrences of major risks that management recognizes could materially affect the financial position, operating results or cash flows of the consolidated companies among the matters concerning business conditions and financial matters described in this interim report, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there were no material changes to the risk of declining liquidity in the Company’s shares. - FY2025First statedAnnual report
「The ratio of tradable shares was 29.7% as of 31 August 2025. Going forward, the Company plans to improve share liquidity through a combination of measures, taking into account raising growth capital through a public offering in line with its business plan and increasing the number of tradable shares through the exercise of stock options.」
Against the backdrop of a 29.7% tradable-share ratio, newly disclosed the risk that trading activity, supply and demand, and share-price formation could be affected.