Risks associated with pledges and sales of shares owned by the representative director
First written in FY2021. 2 of 6 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Updated the number and percentage of pledged shares following the stock splitAnnual report
「As of the filing date, the total number of pledged shares was 2,400,000, equivalent to 8.0% of the 29,880,000 total shares issued.」
Following the stock split, the number of pledged shares changed to 2,400,000, while the percentage of total shares issued declined from 12.0% to 8.0%. - FY2025RestatedAnnual report
「As of the filing date, the total number of pledged shares was 1,200,000, equivalent to 12.0% of the 9,960,000 total shares issued.」
We continue to disclose the pledge of 1,200,000 shares held by the representative director’s asset management company, equivalent to 12.0% of total shares issued, and the risk of their sale. - FY2024MitigatedAnnual report
「As of the filing date, the total number of pledged shares was 1,200,000, equivalent to 12.0% of the 9,960,000 total shares issued.」
The percentage of pledged shares declined from 38.1% to 12.0%. The number of pledged shares also changed from 3,800,000 to 1,200,000. - FY2023WorsenedAnnual report
「As of the filing date, the total number of pledged shares was 3,800,000, equivalent to 38.1% of the 9,960,000 total shares issued. If the pledged shares are sold on the Tokyo Stock Exchange or by other means, or if the possibility of such a sale materialises, this may affect the market price of our shares.」
Following the stock split, the number of pledged shares was 3,800,000, representing 38.1% of total shares issued, up from 29.5% previously. - FY2022RestatedAnnual report
「As of the filing date, the total number of pledged shares was 1,470,000, equivalent to 29.5% of the 4,980,000 total shares issued. If the pledged shares are sold on the Tokyo Stock Exchange or by other means, or if the possibility of such a sale materialises, this may affect the market price of our shares.」
We continue to disclose the pledge of shares held by the representative director’s asset management company and the possibility of an impact on the share price and shareholder composition if the shares are sold. - FY2021First statedAnnual report
「As of the filing date, the total number of pledged shares was 1,470,000, equivalent to 29.5% of the 4,980,000 total shares issued. If the pledged shares are sold on the Tokyo Stock Exchange or by other means, or if the possibility of such a sale materialises, this may affect the market price of our shares.」
The disclosure identifies as a new risk the possibility that the pledge and sale of some of the shares held by the representative director’s asset management company could affect the share price and shareholder composition.