Share-Price Volatility Due to a Low Number of Tradable Shares
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 14 of 48 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Because our group is small in scale and has a small number of shares outstanding, if sufficient liquidity cannot be secured against market supply and demand, the share price may fluctuate significantly over the short term.」
The risk of insufficient liquidity and share price volatility due to the small number of shares in circulation continues to be disclosed. - FY2018RestatedAnnual report
「Because our group is small in scale and has a small number of shares outstanding, if sufficient liquidity cannot be secured against market supply and demand, the share price may fluctuate significantly over the short term.」
The risk of insufficient liquidity and share price volatility due to the small number of shares in circulation continues to be disclosed. - FY2017First statedAnnual report
「Because our group is small in scale and has a small number of shares outstanding, if sufficient liquidity cannot be secured against market supply and demand, the share price may fluctuate significantly over the short term.」
The disclosure covers insufficient liquidity and short-term share price volatility resulting from the group’s small business scale and small number of shares outstanding.