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Global Security Experts (4417) · TargetRestated

Reduce the parent company’s ownership stake and end the parent-subsidiary dual listing

First written in FY2022. 6 of 8 entries say "Restated". Latest entry: 2026-06-29.

8entries
5years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022RestatedFY2024-Q2 – 2026-06-292022: 120222023: 220232024: 320242025: 020252026: 22026
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  1. 2026-06-29RestatedGovernance

    「We belong to the corporate group centered on BUSINESS BRAIN SHOWA・OTA INC.」

    The company reiterates that BUSINESS BRAIN SHOWA・OTA INC. is its other affiliated company and the leading affiliated company, holding 39.60% of voting rights.
  2. FY2026RestatedAnnual report

    「As of the date of submission of this document, BUSINESS BRAIN SHOWA・OTA INC. directly holds 39.60% of the voting rights in our company, calculated based on the total number of voting rights held by all shareholders as of 31 March 2026, and has certain rights as a major shareholder of our company.」

    BUSINESS BRAIN SHOWA・OTA INC. remains one of the other affiliated companies and the largest shareholder, holding 39.60% of voting rights.
  3. FY2025-H1RestatedAnnual report

    「BUSINESS BRAIN SHOWA・OTA INC. 1-1-1 Nishi-Shimbashi, Minato-ku, Tokyo 3,003,000 39.67」

    The company states that BUSINESS BRAIN SHOWA・OTA INC. continues to hold 39.67% as a major shareholder.
  4. FY2024RestatedAnnual report

    「As of the date of submission of this document, BUSINESS BRAIN SHOWA・OTA INC. directly holds 39.55% of the voting rights in our company, calculated based on the total number of voting rights held by all shareholders as of 31 March 2024, and has certain rights as a major shareholder of our company.」

    The company describes a relationship in which BUSINESS BRAIN SHOWA・OTA INC. can continue to influence management as the largest shareholder, holding 39.55% of voting rights even after changing from the parent company to one of the other affiliated companies.
  5. FY2024-Q3RestatedAnnual report

    「BUSINESS BRAIN SHOWA・OTA INC., formerly our parent company, became one of our other affiliated companies after selling part of its holdings in our shares on 10 May 2023.」

    The company reiterates that BUSINESS BRAIN SHOWA・OTA INC., formerly the parent company, has become one of its other affiliated companies.
  6. FY2024-Q2RestatedAnnual report

    「BUSINESS BRAIN SHOWA・OTA INC., formerly our parent company, became one of our other affiliated companies after selling part of its holdings in our shares on 10 May 2023.」

    The company reiterates, under business activities and changes in affiliated companies, that BUSINESS BRAIN SHOWA・OTA INC., formerly the parent company, has become one of its other affiliated companies.
  7. FY2024-Q1AdvancedAnnual report

    「BUSINESS BRAIN SHOWA・OTA INC., formerly our parent company, became one of our other affiliated companies after selling part of its holdings in our shares on 10 May 2023.」

    BUSINESS BRAIN SHOWA・OTA INC., formerly the parent company, changed to one of the other affiliated companies after selling part of its shareholding. Although no ownership percentage or explicit reference to ending the parent-subsidiary listing structure is provided, this indicates concrete progress toward ending the parent-subsidiary relationship.
  8. FY2022First statedAnnual report

    「Over the medium to long term, in order to achieve further business growth and eliminate conflicts of interest with general shareholders, we intend to reduce the parent company’s ownership stake in our company and end the parent-subsidiary listing structure.」

    The company states a policy of reducing the parent company’s ownership stake and ending the parent-subsidiary listing structure in order to eliminate conflicts of interest with general shareholders.
Moved together

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When this could move next
Global Security Experts's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Governance of 2026-06-29: "Restated".
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Reduce the parent company’s ownership stake and end the parent-subsidiary dual listing | Global Security Experts Inc. (4417) | Komori