Tokyo Rope Mfg. (5981) · RiskDropped
Put-option claims for classes of shares issued by a consolidated subsidiary
First written in FY2017. 1 of 2 entries say "Dropped", first in FY2018. Latest entry: FY2018.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Risk of purchase demand due to unredeemed class shares of a consolidated subsidiaryA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2018DroppedAnnual reportThe previously disclosed risk of put-option claims if redemption of the classes of shares was not completed by 2017 is not included in this report.
- FY2017First statedAnnual report
「If Tokyo Tekko Overseas Business Investment Co., Ltd. had not completed the redemption of these classes of shares by 2017, the holders of those classes of shares could have made put-option claims. If the Company had fulfilled its purchase obligation based on such claims, purchasing the classes of shares at an amount per share equal to the issue price plus cumulative unpaid dividends could have affected the Group’s financial position.」
The risk of put-option claims if redemption of ¥1,790 million of classes of shares issued by Tokyo Tekko Overseas Business Investment Co., Ltd. was not completed by 2017 was disclosed.