Shareholder Agreement with Major Shareholder and Market Sale
First written in FY2019. 4 of 6 entries say "Restated". Latest entry: FY2025.
10 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe FY2025 'Business and Other Risks' section does not list termination of the shareholder agreement with a major shareholder or market sales as separate items.
- FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the risks associated with the shareholder agreement with a major shareholder and market sales. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the risks associated with the shareholder agreement with a major shareholder and market sales. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the risks associated with the shareholder agreement with a major shareholder and market sales. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company explicitly states that there have been no material changes concerning the risks associated with the shareholder agreement with a major shareholder and market sales. - FY2019First statedAnnual report
「However, if the shareholder agreement is terminated after a provision for termination under the agreement is breached, all of the shares in the Company held by Takehana (竹鼻氏) could be sold on the market at once, potentially worsening the supply-demand balance for the Company's shares and affecting the formation of their market price.」
The Company states that termination of the shareholder agreement with a major shareholder could result in the shares held being sold all at once, affecting market price formation. The agreement includes termination conditions such as the passage of 5 years and a holding ratio of less than 3%.