Dependence on Container Supply and Transactions with the Parent Company Group
First written in FY2022. 4 of 8 entries say "Reframed", first in FY2024. Latest entry: FY2027-H1.
Storage-Oh moved to the "Worse" side of this theme in 2023, 3 years before the typical company in this theme (2026).
The whole theme swung hardest in 2022: 3 of 18 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「As a result of the tender offer, the tender offeror became our parent company and major shareholder as of 28 August 2026, the settlement commencement date for the tender offer.」
The structure of affiliated companies changed from one centred on 株式会社デベロップ and 株式会社ケイ・エル・アイ to one in which Arealink Co.,Ltd. is the parent company and major shareholder. - FY2026ReframedAnnual report
「In July 2025, our largest shareholder and affiliated company changed to 株式会社ケイ・エル・アイ.」
In addition to the former relationship with 株式会社デベロップ, the disclosure describes the impact of reviewing transaction structures with affiliated companies in light of the change in our largest shareholder and affiliated company to 株式会社ケイ・エル・アイ from July 2025. - FY2024ReframedAnnual report
「Before the listing of our shares on the Tokyo Stock Exchange Growth Market on 27 April 2022, we were a subsidiary of 株式会社デベロップ, which is currently classified as an other affiliated company.」
The risks are presented in terms of the impact of reviewing the relationship and transaction structure with other affiliated companies after listing, in addition to the risk of dependence on the parent company. - FY2023SoftenedAnnual report
「In connection with the public offering of our shares and the secondary offering by Develop when our shares were listed on the Growth Market of the Tokyo Stock Exchange on 27 April 2022, Develop ceased to qualify as our parent company.」
Develop ceased to be the parent company and became an other affiliated company with an ownership ratio of 48.58% as of the end of January 2023. However, transactions such as purchases of construction containers continued. - FY2022First statedAnnual report
「Develop, our parent company, owned 84.1% of the total number of shares issued by us, or 1,300,000 shares, as of the record date for voting rights.」
The parent company was a major shareholder, and most container manufacturing and construction orders were placed with it, creating a risk from changes in its policies and supply structure.