Parent Company's Voting Control and Potential Conflicts of Interest
First written in FY2020. 3 of 7 entries say "Restated". Latest entry: FY2025.
36 other companies' latest entry also says "Other".
- FY2025Updated Parent Ownership RatioAnnual report
「Our parent company is AirTrip Corp., which was listed on the Tokyo Stock Exchange as of the end of the current fiscal year and held 69.34% (1,991,200 shares) of the total number of shares issued by the Company.」
Although parent company AirTrip Corp.'s shareholding remains unchanged at 1,991,200 shares, its holding percentage was updated from 70.74% in the previous fiscal year to 69.34%. - FY2025-H1Updated Parent Ownership RatioAnnual report
「AirTrip Corp. 2-5-1 Atago, Minato-ku, Tokyo 1,991,200 70.54」
Although parent company AirTrip Corp.'s shareholding remains unchanged at 1,991,200 shares, its holding as a percentage of total shares issued was updated from 70.74% in the previous fiscal year to 70.54%. - FY2024RestatedAnnual report
「Given the possibility that the parent company's interests may not coincide with those of the Company's other shareholders, its exercise of voting rights, based on its voting rights ratio, may influence the Company's decision-making on matters requiring shareholder approval, including amendments to the Articles of Incorporation, the election and dismissal of directors and audit & supervisory board members, mergers and other corporate reorganizations, transfers of material assets or businesses, and the appropriation of surplus.」
The Company continues to disclose parent company AirTrip Corp.'s 70.74% holding, the potential for its exercise of voting rights to influence decision-making, and the potential for conflicts of interest. - FY2023RestatedAnnual report
「Our parent company is AirTrip Corp., which was listed on the Tokyo Stock Exchange as of the end of the current fiscal year and held 70.74% (1,991,200 shares) of the total number of shares issued by the Company.」
The Company continues to disclose parent company AirTrip Corp.'s 70.74% holding and the potential for its exercise of voting rights to influence decision-making. - FY2022Updated Parent Ownership RatioAnnual report
「Our parent company is AirTrip Corp., which was listed on the Tokyo Stock Exchange as of the end of the current fiscal year and held 70.74% (1,991,200 shares) of the total number of shares issued by the Company.」
The holding of parent company AirTrip Corp. was updated to 70.74%, or 1,991,200 shares, while the potential for its exercise of voting rights to influence decision-making continues to be disclosed. - FY2021RestatedAnnual report
「Given the possibility that the parent company's interests may not coincide with those of the Company's other shareholders, its exercise of voting rights, based on its voting rights ratio, may influence the Company's decision-making on matters requiring shareholder approval, including amendments to the Articles of Incorporation, the election and dismissal of directors and audit & supervisory board members, mergers and other corporate reorganizations, transfers of material assets or businesses, and the appropriation of surplus.」
The Company continues to state that the parent company's exercise of voting rights may influence decision-making, given its 71.78% holding. - FY2020First statedAnnual report
「AirTrip Corp., our parent company, held 71.83% (1,961,200 shares) of the total number of shares issued by the Company as of the end of the current fiscal year.」
The parent company holds 71.83%, presenting the risk that it may influence decision-making on matters requiring shareholder approval.