Impact of Policy Changes by the Parent Company and Major Shareholders
First written in FY2016. 2 of 12 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 3 of 18 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2025Changes to the capital alliance agreementAnnual report
「The Company entered into a capital and business alliance agreement with Aホールディングス Co., Ltd. dated 23 December 2019, primarily including the matters set out below, for the purpose of creating synergies through management integration in each of the Company's business areas and other objectives. Subsequently, following changes to the Company's board composition, the Company entered into an amendment memorandum dated 16 May 2025.」
The Company entered into an amendment memorandum dated 16 May 2025 concerning the capital and business alliance agreement with parent company Aホールディングス, following changes to the board composition. - FY2021Changes in the parent company and major shareholderAnnual report
「Aホールディングス Co., Ltd. (former name: LINE Corporation) acquired 2,125,367,045 shares of the Company's common stock as of 26 February 2021 as a result of the tender offer for the Company's common stock conducted from 21 January 2021 to 18 February 2021, becoming the Company's parent company and largest major shareholder.」
Aホールディングス on the LINE side became the parent company and largest shareholder through the tender offer, and the capital structure changed to one jointly funded by SoftBank Corp. and NAVER. - FY2020-Q3Transfer of shares held by the parent companyAnnual report
「During the current third-quarter consolidated accounting period, SoftBank Corp. sold all of the Company's shares held by it to its wholly owned subsidiary, 汐留Zホールディングス Co., Ltd. As a result, 汐留Zホールディングス Co., Ltd. became the Company's parent company.」
After SoftBank Corp. became the parent company in the first quarter, all shares were transferred to 汐留Zホールディングス in the third quarter, and the parent company changed. - FY2020-Q1Implementation of the change in parent companyAnnual report
「During the cumulative first-quarter consolidated period, the company acquired treasury shares through a tender offer and issued new shares to SoftBank through a third-party allotment. As a result, SoftBank became the company's parent company.」
The previously planned change in parent company was implemented through the tender offer for treasury shares and the third-party allotment to SoftBank, making SoftBank the parent company. - FY2019Planned change in parent company and capital restructuringAnnual report
「In connection with this transaction, SBKK will become the parent company by acquiring treasury shares from SoftBank Group Japan Co., Ltd. (SBGJ). However, SoftBank Group Corp. (SBG) is expected to remain the ultimate parent company, with no change.」
The company disclosed that SBKK is expected to become the parent company through SoftBank's third-party allotment of new shares and the acquisition of treasury shares from SoftBank Group Japan. SBG is expected to remain the ultimate parent company. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, Altaba Inc. sold all of its shares in the company on 14 September 2018 (U.S. time). As a result, Altaba Inc. ceased to qualify as another affiliated company of the company.」
The company has reconfirmed Altaba Inc.'s complete sale of its holdings and its departure from the group of other affiliated companies. - FY2019-Q2Completion of the major shareholder's sale of its holdingsAnnual report
「During the cumulative second-quarter consolidated period, Altaba Inc. sold all of its shares in the company on 14 September 2018 (U.S. time). As a result, Altaba Inc. ceased to qualify as another affiliated company of the company.」
Altaba Inc. sold all of its shares in the company and ceased to qualify as another affiliated company. Concrete changes occurred in the composition of the major shareholders and affiliated companies. - FY2019-Q1Major shareholder's policy to sell its holdings and tender offerAnnual report
「Regarding SBKK's tender offer for the company's common shares, the company resolved to express its support while maintaining a neutral position on whether its shareholders should tender their shares and leaving that decision to the shareholders.」
Following Altaba's intention to sell its holdings, a tender offer for the company's shares by SoftBank and a tender offer for the company's treasury shares were disclosed, resulting in concrete changes to the major shareholders and capital relationships. - FY2018-Q1Changes to the corporate name and business of an affiliated companyAnnual report
「Yahoo Inc., another affiliated company of the company, transferred its core business to Yahoo Holdings Inc., its subsidiary, and on 13 June 2017 sold all shares of Yahoo Holdings Inc. to Verizon Communications Inc. As a result, Yahoo Inc. changed its corporate name to Altaba Inc. and changed its business to that of an investment company.」
An affiliated company sold its core business, changed its corporate name and changed its business to that of an investment company. In contrast, the company explains that the transfer of shares to SoftBank Group International GK did not result in a change in the parent company. - FY2017Transfer of shares held by the parent companyAnnual report
「On 1 June 2017, SoftBank Group Corp. transferred all of its shares in the company to SoftBank Group International GK, its wholly owned subsidiary. This did not result in a change in the parent company.」
Although the entity holding the shares changed, the company explains that there was no change in the parent company. - FY2017-Q3RestatedAnnual report
「During the 3rd quarter of the current consolidated fiscal year, there were no material changes in financial position, operating results or cash flows, including any abnormal fluctuations, or in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the impact of policy changes by the parent company and major shareholders. - FY2016First statedAnnual report
「Our relationships with related parties, including SoftBank Group Corp. and Yahoo Inc., are sound. We intend to maintain sound relationships with these related parties, but changes in their business strategies or policies, or changes involving important related parties, particularly the parent company and other entities higher in the capital structure, may affect ヤフー's services and various agreements and may result in changes in relationships among related parties.」
While the Group's relationship with the parent company group forms a business foundation, it discloses the possibility of policy changes, competition and changes to agreements as risks.