O.B.System (5576) · RiskRestated
Independence and Competition Risks from OBIC Co.,Ltd. and Founder Shareholdings
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: 2026-06-05.
3entries
3years
1from disclosures
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Risks Related to Voting Rights and Management Control by Major Shareholders and the Parent Company, and Dependence on the GroupA theme 123 companies write about · 105 as a headwind · 3 as a tailwind
51 other companies' latest entry also says "Restated".
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Showing 14 of the 123 companies compared. The sentences above are computed from all 123.Full recordFilings, disclosures and news, newest first
- 2026-06-05RestatedGovernance
「OBIC Co.,Ltd. held 28.38% of the voting rights in our company as of 31 March 2026, making us an equity-method affiliate of OBIC Co.,Ltd.」
The company disclosed OBIC Co.,Ltd.'s voting interest and its status as an equity-method affiliate, explaining that it can make “independent management decisions” under a structure that includes independent outside directors and outside Audit & Supervisory Board members. - FY2025RestatedAnnual report
「As of the filing date, OBIC Co.,Ltd. (the “Company”) held 27.88% of our total issued shares. We are an equity-method affiliate of OBIC Co.,Ltd., which is our “Other Affiliated Company.”」
Recognition of voting-rights, competition and independence risks arising from the substantial holdings of OBIC Co.,Ltd. and the founder continues. The policy of preserving independence through the Nomination and Compensation Committee and without matters requiring prior approval also remains. - FY2024First statedAnnual report
「As of the filing date, OBIC Co.,Ltd. held 27.88% of our total issued shares. We are an equity-method affiliate of OBIC Co.,Ltd., which is our “Other Affiliated Company.”」
New risks have been disclosed from the influence of OBIC Co.,Ltd. and the founder’s substantial voting rights on shareholder resolutions, potential future competition and changes in ownership ratios affecting operations. The founder holds 31.90%; to preserve independence, the company does not establish matters requiring prior approval and intends to use the Nomination and Compensation Committee.