Odakyu Electric Railway Becoming the Largest Shareholder and the Target Company Becoming an Equity-Method Affiliate
First written in FY2017-Q3. 8 of 15 entries say "Restated". Latest entry: FY2025.
Shirohato moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2020: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「(Parent company) 株式会社歯愛メディカル Ownership or ownership by the company of voting rights, etc. (%) 50.60 / (Parent company's parent company) AIR WATER INC. 50.60 (50.60)」
株式会社歯愛メディカル's ownership ratio of voting rights became 50.60%, and AIR WATER INC. was newly positioned as its parent company. - FY2025ReframedAnnual report
「株式会社歯愛メディカル Ownership or ownership by the company of voting rights, etc. (%) 50.30」
The parent-company and affiliated-company structure centered on Odakyu Electric Railway Co.,Ltd. changed, with 株式会社歯愛メディカル becoming the parent company with an ownership ratio of voting rights of 50.30%, and the Company becoming its consolidated subsidiary. - FY2025-Q1AdvancedAnnual report
「Yamauchi Masaharu (山内昌晴) took office as an outside director from 株式会社歯愛メディカル, the largest shareholder,」
An outside director took office from 株式会社歯愛メディカル, the largest shareholder, and the relationship with the company was reflected in the composition of the Board of Directors. - FY2024-Q3ReframedAnnual report
「As stated in the timely disclosure dated 20 December 2023, “Notice Regarding Changes in Major Shareholders, the Largest Shareholder among Major Shareholders, and Other Affiliated Companies,” Odakyu Electric Railway Co.,Ltd. ceased to qualify as the Company's major shareholder, largest shareholder among major shareholders, or other affiliated company as of 25 December 2023, while 株式会社歯愛メディカル came to qualify as the Company's major shareholder, largest shareholder among major shareholders, and other affiliated company as of the same date.」
A change in the shareholder and affiliated-company structure was disclosed, under which Odakyu Electric Railway Co.,Ltd. ceased to qualify as a major shareholder, the largest shareholder among major shareholders, or an other affiliated company, while 株式会社歯愛メディカル came to qualify in all three capacities. - FY2023ReframedAnnual report
「The capital and business alliance was dissolved as of 31 March 2023, and the Company changed to an other affiliated company.」
The relationship with Odakyu Electric Railway Co.,Ltd. changed from parent company at the end of the fiscal year to an equity-method affiliate following the dissolution of the capital and business alliance as of 31 March 2023. - FY2021RestatedAnnual report
「Odakyu Electric Railway Co.,Ltd. is the Company's parent company and operates railway and other businesses.」
The relationship under which Odakyu Electric Railway Co.,Ltd. is the parent company is being reconfirmed. Its ownership ratio of voting rights is stated as 40.17%. - FY2020RestatedAnnual report
「Odakyu Electric Railway Co.,Ltd. is the Company's parent company and operates railway and other businesses.」
The relationship under which Odakyu Electric Railway Co.,Ltd. is the parent company is being reconfirmed. - FY2019RestatedAnnual report
「Odakyu Electric Railway Co.,Ltd. is the Company's parent company and operates railway and other businesses.」
The relationship under which Odakyu Electric Railway Co.,Ltd. is the parent company, with an ownership ratio of voting rights of 40.30%, is being reconfirmed. - FY2019-Q1RestatedAnnual report
「During the third quarter, the Company conducted a private placement of its shares to Odakyu Electric Railway Co.,Ltd. (hereinafter, “Odakyu Electric Railway”). Subsequently, it raised ¥100 million in funds through borrowing from Odakyu Electric Railway and used those funds together with the proceeds from the private placement to repay all borrowings from financial institutions. As more than half of the funds raised would thereby be obtained from Odakyu Electric Railway, Odakyu Electric Railway became the Company's parent company as of 30 March 2018 under the control criterion, based on its ownership ratio of voting rights in the Company together with the funds raised.」
The relationship under which Odakyu Electric Railway became the parent company as of 30 March 2018 is being reconfirmed as a change in the Company's business structure. - FY2018-Q4ReframedAnnual report
「As more than half of the funds raised will be obtained from Odakyu Electric Railway Co.,Ltd., the Company is deemed to be its subsidiary under the control criterion, based on Odakyu Electric Railway Co.,Ltd.'s ownership ratio of voting rights in the Company following this private placement together with the funds raised.」
The relationship with Odakyu Electric Railway Co.,Ltd. changed from that of largest shareholder and equity-method affiliate to that of parent company, following the private placement and borrowing. - FY2018-Q3RestatedAnnual report
「In our collaboration with Odakyu Electric Railway Co.,Ltd., our capital and business alliance partner,」
The continuing relationship in which Odakyu Electric Railway Co.,Ltd. is our capital and business alliance partner is being reconfirmed. - FY2017RestatedAnnual report
「Odakyu Electric Railway Co.,Ltd. Ownership or ownership by the company of voting rights, etc. (%) 20.19」
The relationship under which Odakyu Electric Railway Co.,Ltd. is an other affiliated company, with an ownership ratio of 20.19%, is being reconfirmed. - FY2018-Q1RestatedAnnual report
「During the first quarter, through a private placement of the Company's shares to Odakyu Electric Railway Co.,Ltd., the latter became an other affiliated company of the Company as of 18 November 2016.」
The relationship under which Odakyu Electric Railway Co.,Ltd. became an other affiliated company through the private placement is being reconfirmed. - FY2017-Q4RestatedAnnual report
「During the first quarter, through a private placement of the Company's shares to Odakyu Electric Railway Co.,Ltd., the latter became an other affiliated company of the Company as of 18 November 2016.」
The relationship under which Odakyu Electric Railway Co.,Ltd. became an other affiliated company through the private placement is being reconfirmed. - FY2017-Q3First statedAnnual report
「As a result, Odakyu Electric Railway Co.,Ltd. became the largest shareholder, holding 973,600 common shares of the Company, with an ownership ratio of voting rights of 20.21% and an ownership ratio of total issued shares of 20.20%. These ratios are based on the shareholder register as of 31 August 2016. The Company became an equity-method affiliate of Odakyu Electric Railway Co.,Ltd.」
Through the private placement and share acquisitions through market transactions, Odakyu Electric Railway Co.,Ltd. became the largest shareholder, and the Company became its equity-method affiliate.