Control by the Parent Company and Dependence on the Parent Group
First written in FY2025. 2 of 5 entries say "Restated". Latest entry: 2026-09-02.
53 other companies' latest entry also says "Restated".
- 2026-09-02RestatedGovernance
「Other affiliated companies own 35.31% of the Company’s voting rights (as of 30 April 2026). Because other affiliated companies may influence the Company’s management decisions through the appointment and dismissal of directors at the General Meeting of Shareholders, their interests may not coincide with those of the Company’s other shareholders when voting. In addition, if any issue arises due to changes in the management policies or deterioration in the financial condition of other affiliated companies, the Company’s financial condition and operating results may be affected.」
The Company reaffirmed the 35.31% voting-rights ownership of other affiliated companies, their potential influence on management decisions and the related independence risk. It also stated that there are no personnel or business relationships, that management decisions are made independently, and that transactions with related parties and others are reviewed and approved by the special committee and the Board of Directors. - FY2026ReframedAnnual report
「S.N. Holdings Yugen Kaisha, a major shareholder, owns 35.3% of our voting rights (as of 30 April 2026).」
The description has changed from the previous positioning of a parent company holding 54.9% of voting rights to a major shareholder holding 35.3%; the issuer’s reference information also states that it has no parent company or equivalent. At the same time, sales to the major shareholder group are stated to account for 11.5%. - 2026-07-08ReframedGeneral Meetings of Shareholders
「S.N. Holdings Yugen Kaisha had qualified as the Company’s parent company, but as stated in the notice dated 11 September 2025 concerning the change in the parent company and other related company, it ceased to qualify as the parent company during the current fiscal year. As of the end of the current fiscal year, it qualifies as the Company’s other affiliated company.」
The Company stated that the entity’s status changed from parent company to other affiliated company as of the end of the current fiscal year. - FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no significant changes in the occurrence of the major risks that management recognizes could materially affect the company’s financial position, financial performance, and cash flows, or in the matters described as “Business Risks” in the annual securities report for the previous fiscal year.」
The company has made a comprehensive statement that there were no material changes concerning control by the parent company or dependence on the parent group. - FY2025First statedAnnual report
「Because the parent company is in a position to influence our management decisions through such actions as the election and dismissal of directors at our shareholders’ meetings, its interests may not coincide with those of our other shareholders when it exercises its voting rights.」
The parent company held 54.9% of voting rights. The proportion of sales to the parent group had declined to 8.1% in the fiscal year ended April 2025.