Impact on Market Price and Voting Rights from a Reduction in a Major Shareholder’s Holdings
First written in FY2024. 1 of 2 entries say "Softened", first in FY2026. Latest entry: FY2026.
Creal moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
11 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Tokuyama Akinari (徳山 明成), the Company's chairman of the board, is a major shareholder holding voting rights equivalent to 20.1% of the total shares issued and outstanding at the end of the current consolidated fiscal year.」
The chairman's voting interest declined from 25.5% to 20.1%. The risk that a reduction in his holding may affect the market price and exercise of voting rights continues to be disclosed. - FY2024First statedAnnual report
「Tokuyama Akinari (徳山 明成), the Company's chairman of the board, is a major shareholder holding voting rights equivalent to 25.5% of the total shares issued and outstanding at the end of the current consolidated fiscal year, including shares held by his asset management company. If the number of shares held by this major shareholder declines in the future for any reason, the market price of the Company's shares and the exercise of voting rights may be affected.」
It indicates that the chairman of the board holds 25.5% of voting rights and identifies the impact of a reduction in his holding on the market price and exercise of voting rights as a risk.