Concentration of voting rights among the founder and major shareholders
First written in FY2022. 5 of 8 entries say "Restated". Latest entry: 2026-06-26.
53 other companies' latest entry also says "Restated".
- 2026-06-26RestatedGovernance
「Ys’ Assortment Co., Ltd. Parent company 46.13 — 46.13」
The company reconfirms the 46.13% voting-rights ownership of parent company Ys’ Assortment Co., Ltd. and its status as the parent company. - FY2026RestatedAnnual report
「Total — — 5,563,212 — 64.15」
The combined holdings of major shareholders including Ys' Assortment Co., Ltd., Will Asset Co., Ltd. and Shigeru Yamada totaled 64.15%, reaffirming concentrated voting rights. - FY2026-H1RestatedAnnual report
「Ys' Assortment Co., Ltd. — 1-3-36 Nishihama, Wakayama City, Wakayama Prefecture — 4,000,000 — 46.13」
The concentration of voting rights is reaffirmed because parent company Ys' Assortment Co., Ltd. held 46.13%, alongside continued holdings by Will Asset Co., Ltd., Shigeru Yamada and other major shareholders. - FY2025ReframedAnnual report
「Ys' Assortment Co., Ltd., the Company’s parent company, held 46.81% of the total issued shares as of the end of March 2025.」
In addition to the previous explanation of concentration by the founder and his asset management company, voting-rights concentration is now described through the parent company Ys' Assortment Co., Ltd. - FY2023MitigatedAnnual report
「As of the end of the current consolidated fiscal year, Shigeru Yamada held 38.9% of the total issued shares. Including the 7.0% held by Will Asset Co., Ltd., his asset management company, the combined holding was 45.8%.」
After the listing and capital increase, the combined holding of the founder and his asset management company declined from 65.5% to 45.8%, although the voting-rights concentration risk remains. - FY2022First statedAnnual report
「As of the end of the current consolidated fiscal year, Shigeru Yamada held 56.1% of the total issued shares. Including the 9.4% held by Will Asset Co., Ltd., his asset management company, the combined holding was 65.5%.」
The Company states that future share sales could reduce the voting-rights ratio and affect the market price and exercise of voting rights.