Share Sale Pressure Associated with the End of Venture Fund Management
First written in FY2018. 1 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2023-Q2.
The whole theme swung hardest in 2019: 2 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2023-Q2Fund ownership ratio updatedAnnual report
「早稲田1号投資事業有限責任組合 65 Kikui-cho, Shinjuku-ku, Tokyo, 3rd Floor, Kasuya Building 1,106 38.96」
The ownership ratio of 早稲田1号投資事業有限責任組合, the largest shareholder, was stated as 38.96%. The ratio was updated from the previously stated 39.11%. - FY2022Fund ownership ratio updatedAnnual report
「The company's largest shareholder is 早稲田1号投資事業有限責任組合. As of the filing date, the partnership held 39.11% of the company on an issued-share basis, and the fund's investment period ended on 31 January 2019.」
The ownership ratio of the venture fund, the largest shareholder, was updated to 39.11%. The company continues to disclose the possibility that share sales after the end of the investment period could result in a large volume of shares entering the market and affect the share price. - FY2019MaterialisedAnnual report
「The company's largest shareholder is 早稲田1号投資事業有限責任組合. As of the filing date, the partnership held 38.72% of the company on an issued-share basis, and the fund's investment period ended on 31 January 2019.」
The end of the venture fund's investment period was disclosed, and the fact underlying the risk had occurred. However, the possibility of a large-scale sale remains, and a transfer to a company or other entity intending to hold the shares for the long term is also under consideration. - FY2018First statedAnnual report
「The company's largest shareholder is 早稲田1号投資事業有限責任組合. As of the filing date, the partnership held 40.28% of the company on an issued-share basis. Because the fund's investment period was scheduled to end on 31 January 2019, a 90-day lock-up has been imposed.」
The company disclosed the fund's ownership ratio and investment-period end date, and stated that a large volume of shares entering the market could affect the share price.