Risks Relating to the Bain Capital Group’s Shareholdings and Impact on Voting Rights
First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「ITOCHU Corporation 30,030 thousand shares 40.79% TOPPAN INC. 10,570 thousand shares 14.35%」
The major shareholder composition confirms holdings of 40.79% for ITOCHU Corporation and 14.35% for TOPPAN. The composition following the transfer of shares from the Bain Capital group to TOPPAN has become established. - FY2018Stabilization of the major shareholder composition following the changeAnnual report
「BAIN CAPITAL BELLSYSTEM HONG KONG LIMITED, which was a major shareholder at the end of the previous fiscal year, was no longer a major shareholder at the end of the current fiscal year, while TOPPAN became a new major shareholder.」
The major shareholder composition following the transfer of shares from the Bain Capital group to TOPPAN has been confirmed as of the full-year period. - FY2018-Q3Transfer of shares held by a major shareholderAnnual report
「TOPPAN acquired 10,570,000 of the Company’s issued common shares held by BAIN CAPITAL BELLSYSTEM HONG KONG LIMITED, formerly a major shareholder of the Company, through an off-market negotiated transaction in December 2017.」
A transaction transferring 10,570,000 shares held by the Bain Capital group to TOPPAN was disclosed, resulting in a change in the composition of shareholders and voting rights. - FY2017First statedAnnual report
「As of the end of the current consolidated fiscal year, the fund held 14.43% of the Company’s total issued shares.」
The filing identifies the risks to liquidity, share-price formation and shareholder meeting resolutions arising from Bain Capital’s holding and disposal policy with respect to its 14.43% holding.