Risk of Management Impact from the Relationship with the Controlling Shareholder and Share Sales
First written in FY2023. 1 of 4 entries say "Restated". Latest entry: FY2027-H1.
28 other companies' latest entry also says "Other".
- FY2027-H1Updated the parent company’s ownership percentageAnnual report
「The tender offer for the Company's common shares conducted by GMOインターネットグループ株式会社 from 26 November 2025 ended on 23 December 2025, and GMOインターネットグループ株式会社 became the Company's parent company as of 26 December 2025.」
The change in parent company described for FY2025 took place, and GMOインターネットグループ株式会社's ownership ratio was 62.83% as of the end of May 2026. The Company states that there were no material changes in its business and other risks. - FY2025ReframedAnnual report
「As a result of the tender offer, the percentage of voting rights held by the tender offeror relative to the voting rights of all shareholders of the Company will exceed 50% as of 26 December 2025, the commencement date of settlement for the tender offer. GMOインターネットグループ株式会社 therefore newly became the Company's parent company.」
The risk disclosure changed from the previous risk associated with the founder as controlling shareholder to risks related to the relationship with the parent group, in which GMOインターネットグループ holds 60% of the voting rights. - FY2024RestatedAnnual report
「The Company's founder, Nakamura Kengyu (中村 けん牛), qualifies as a controlling shareholder. Including shares held by relatives within the second degree of kinship, Nakamura Kengyu (中村 けん牛) held more than 50% of the Company's shares as of the end of November 2024.」
The Company continues to disclose the existence of a controlling shareholder comprising the founder and relatives within the second degree of kinship, and the possibility that sales in the market or transfers to specific counterparties could affect the market price and management strategy. - FY2023First statedAnnual report
「The Company's founder, Nakamura Kengyu (中村 けん牛), qualifies as a controlling shareholder. Including shares held by relatives within the second degree of kinship, Nakamura Kengyu (中村 けん牛) held more than 50% of the Company's shares as of the end of November 2023. As a stable shareholder, Nakamura Kengyu (中村 けん牛) will continue to hold a certain level of voting rights and has a policy of pursuing the common interests of shareholders while also taking minority shareholders' interests into consideration when exercising those voting rights.」
The Company disclosed the founder's status as a controlling shareholder as a new risk and indicated that sales in the market or transfers to specific counterparties could affect the market price and management strategy.