Impact on the share price from the sale of shares held by venture capital funds
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2019: 2 of 14 companies on the "Worse" side.
17 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual reportIn the “Business and Other Risks” section of this filing, no direct reference to the impact on the share price of venture capital-owned shares being sold can be found.
- FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including the impact on the share price of venture capital-owned shares being sold. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including the impact on the share price of venture capital-owned shares being sold. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to existing risks, including the impact on the share price of venture capital-owned shares being sold. - FY2017DroppedAnnual reportIn the “Business and Other Risks” section of this filing, no direct reference to the impact on the share price of venture capital-owned shares being sold can be found.
- FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no material changes in the matters described in the quarterly securities report concerning the status of the business, financial position, or other matters that could materially affect investors’ decisions, nor in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the impact on the share price of venture capital-owned shares being sold. - FY2017-Q1RestatedAnnual report
「There were no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The disclosure collectively states that there have been no material changes concerning the impact on the share price from the sale of shares held by venture capital funds. - FY2016First statedAnnual report
「As of 31 December 2016, SMBCベンチャーキャピタル1号投資事業有限責任組合 held 4.5% of the voting rights. Because the fund may sell its shares in the company, it may affect the formation of the company’s share price.」
The disclosure describes the voting-rights holding ratio of a specific investment fund and the possibility that the sale of its shares may affect the formation of the share price.