Risk of Policy Shifts by Major Shareholders and Changes in Shareholder Composition
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: 2026-06-30.
The whole theme swung hardest in 2024: 4 of 17 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- 2026-06-30RestatedGovernance
「Our group aims to create synergies by combining its internet business with the media, content and merchandising businesses of Nippon Television Network Corporation. The strengths of the two parties are complementary, but our group formulates its own management plans and pursues business development through their execution. We also believe that the status of Nippon Television Network Corporation’s directors serving concurrently and its secondees does not interfere with our independent management decisions, and that a certain level of independence is secured.」
Existing disclosures are reconfirmed regarding the capital, personnel and business relationships with Nippon Television Network Corporation and NTT DOCOMO, the nature of the collaboration, transaction terms and the group’s independence, including the risk of a policy shift or change in the shareholder structure of major shareholders. - FY2021RestatedAnnual report
「日本テレビ放送網株式会社 and 株式会社ＮＴＴドコモ qualify as the Company’s “major shareholders.”」
The risk that changes in major shareholders’ policies or shareholder composition may affect business operations, governance, financial position, and other matters continues to apply. - FY2019First statedAnnual report
「The positions of the above two companies regarding the Company’s management policies, including their exercise of voting rights, may affect the Company’s business operations and corporate governance. If these major shareholders change their policies or the shareholder composition changes, this may affect the Company’s share price, financial position, results of operations, and cash flows.」
Describes the possibility that 日本テレビ放送網 and NTTドコモ, as major shareholders, may affect management through their policies, exercise of voting rights, and changes in shareholder composition.