Risk of Changes in HIKARI TSUSHIN,INC.'s Management Policies
First written in FY2016. 4 of 7 entries say "Worsened", first in FY2022. Latest entry: 2026-07-03.
Premium Water Holdings moved to the "Worse" side of this theme in 2022, 4 years before the typical company in this theme (2026).
The whole theme swung hardest in 2022: 3 of 18 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「As of the end of the consolidated fiscal year, the 株式会社光通信 (TSE Prime, securities code 9435) Group was the parent company holding 70.1% of the total number of shares issued by the Company, including indirectly held shares, and」
The 光通信 Group's ownership interest increased from 69.4% in the previous fiscal year to 70.1%. The Company continues to disclose the ownership relationship through which changes in the parent's management policies could have an impact. - FY2025WorsenedAnnual report
「As of the end of the consolidated fiscal year, the 株式会社光通信 (TSE Prime, securities code 9435) Group was the parent company holding 69.4% of the total number of shares issued by the Company, including indirectly held shares, and」
The 光通信 Group's ownership interest increased from 69.2% in the previous fiscal year to 69.4%. - FY2024WorsenedAnnual report
「As of the end of the consolidated fiscal year, the 株式会社光通信 (TSE Prime, securities code 9435) Group was the parent company holding 69.2% of the total number of shares issued by the Company, including indirectly held shares, and the Company belongs to a corporate group centered on 株式会社光通信.」
The 光通信 Group's ownership interest increased from 69.0% in the previous fiscal year to 69.2%, and the Company continues to disclose the ownership relationship through which changes in the parent's management policies could have an impact. - FY2022WorsenedAnnual report
「As of the end of the consolidated fiscal year, 株式会社光通信グループ was the parent company holding 69.0% of the total number of shares issued by the Company, including indirectly held shares, and the Company belongs to a corporate group centered on 株式会社光通信.」
The parent's ownership interest increased from 53.4% to 69.0%, and the disclosure describes the risk that changes in the parent's management policies could affect results of operations and financial position based on the larger ownership interest. - FY2016First statedAnnual report
「HIKARI TSUSHIN,INC. is the parent company that held 53.4% of the Company’s total issued shares, including indirectly held shares, as of the end of the fiscal year, and the Company belongs to a corporate group centered on HIKARI TSUSHIN,INC. Although the Company has an independent management structure, future changes in the HIKARI TSUSHIN,INC. group’s management policy could materially affect the Group’s results and financial condition.」
The disclosure describes the parent company’s ownership percentage and the potential impact of changes in the parent group’s management policy.