Komori
Kokusai Electric (6525) · FactReframed

Change in KKR’s classification from parent company to company with significant influence

First written in FY2024-Q2. 4 of 9 entries say "Advanced", first in FY2025-H1. Latest entry: FY2026.

9entries
4years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2024-Q2 – FY2024AdvancedFY2025-H1 – FY2025ReframedFY2026-H12023: 120232024: 320242025: 220252026: 32026
Same theme, other companies
Reclassification from affiliated company to major shareholderA theme 5 companies write about · 1 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「Subsequently, in May 2026, KKR HKE INVESTMENT L.P. sold all of its shares through a securities company. As a result, as of the date of submission of this report, KKR HKE INVESTMENT L.P. was no longer a major shareholder of the Company.」

    KKR ceased to be a major shareholder after selling all of its shares in May 2026, down from a 10.4% holding at the end of March 2026.
  2. FY2026-H1ReframedAnnual report

    「KKR HKE Investment L.P. held 23.5% of the total number of shares issued by us as of 31 March 2025, but after selling part of its shareholding through a securities company in July 2025, its holding ratio decreased to 10.4% of the total number of shares issued as of 30 September 2025. Accordingly, the relationship changed from KKR HKE Investment L.P. being our largest shareholder and another affiliated company to neither.」

    KKR's holding ratio declined from 23.5% to 10.4%, and it was no longer our largest shareholder or another affiliated company. It also states that, as of the date of filing, KKR had become our largest shareholder due to sales by other shareholders.
  3. FY2025AdvancedAnnual report

    「Following the sale of its shares and an over-allotment sale conducted in July 2024, among other transactions, its holding ratio of our total shareholder voting rights decreased to 23.5% as of 31 March 2025. There has been no change in its status as another affiliated company of ours.」

    Although KKR's holding ratio declined further from 23.7% in the previous fiscal year to 23.5%, its relationship as another affiliated company has been maintained.
  4. FY2025-H1AdvancedAnnual report

    「As of 31 March 2024, KKR HKE Investment L.P. held 43.4% of the total number of shares issued by us, but following the sale of its shares and an over-allotment sale conducted in July 2024, among other transactions, its holding decreased to 23.7% of the total number of shares issued by us as of 30 September 2024. There has been no change in KKR HKE Investment L.P.'s status as another affiliated company of ours.」

    KKR's holding ratio declined further from 43.4% to 23.7%. Its relationship with the company remained unchanged as another affiliated company.
  5. FY2024RestatedAnnual report

    「As of 25 October 2023, the relationship changed from our parent company to another affiliated company. As of the date of filing this document, KKR HKE Investment L.P. holds 43.4% of the total number of shares issued by us.」

    It reconfirms that, following the decline in KKR's voting rights ratio, its status changed from parent company to another affiliated company.
  6. FY2024-Q3RestatedAnnual report

    「As of the end of September 2023, it was a major shareholder holding 73.2% of the voting rights of all shareholders and qualified as our parent company. However, following the decrease in its voting rights ratio to 43.8% due to the sale of the parent company's shares held in the company and an over-allotment sale in connection with the new listing of our common shares on the Tokyo Stock Exchange Prime Market dated 25 October 2023, the relationship changed from parent company to an entity with significant influence over us.」

    It reconfirms that KKR's voting rights ratio declined from 73.2% to 43.8% and that its status changed from parent company to an entity with significant influence.
  7. FY2024-Q2First statedAnnual report

    「As of the end of September 2023, it was a major shareholder holding 73.2% of the voting rights of all shareholders and qualified as our parent company. However, following the reduction in its voting rights ratio to 43.8% as a result of the sale of the parent company's shares held in the company and the lending of the parent company's common shares held in the company for an over-allotment sale in connection with the new listing of our common shares on the Tokyo Stock Exchange Prime Market on 25 October 2023, the relationship changed from parent company to an entity with significant influence over us.」

    It states that KKR's voting rights ratio decreased from 73.2% to 43.8% and that its relationship with the company changed from parent company to an entity with significant influence.
Moved together

"Risks Related to KKR’s Shareholding, Exercise of Voting Rights, and Disposal of Shares" moved the same way as this thread, in the same document, in 4 of its 9 moves.

432222★123456
  1. ★This thread
  2. 1Risks Related to KKR’s Shareholding, Exercise of Voting Rights, and Disposal of Shares4×
  3. 2Revenue and profit decline due to investment restraint by semiconductor device manufacturers3×
  4. 3Long-term and medium- to long-term growth outlook for the semiconductor-related market2×
  5. 4Active investment to meet medium- to long-term demand2×
  6. 5Recognition that the Semiconductor Market Has Bottomed and Demand Remains Weak2×
  7. 6Expanding Batch ALD Technology into Logic, Foundry, DRAM and Other Applications2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kokusai Electric yet. It last moved in the Occurring Fact of 2026-05-20: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.