Influence of Major Shareholders and Reliance on Specific Individuals
First written in FY2021. 3 of 10 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Following the off-auction distribution of the Company’s shares conducted on 26 June 2026, the individual no longer qualified as a controlling shareholder other than a parent company. However, the individual and the individual’s spouse continue to hold a substantial number of the Company’s shares.」
Following the off-auction distribution, the representative director and largest shareholder no longer qualified as a controlling shareholder other than a parent company. Omatsu (尾松)’s holding was 46.86%, or 49.79% including the spouse, changing from the previously reported majority ownership. However, the possibility of continued influence over important decisions remains. - FY2025RestatedAnnual report
「As of the end of the consolidated fiscal year, the shares held by Omatsu Hideki (尾松 豪紀), the Company's representative director and largest shareholder, represented more than half of the total issued shares, excluding treasury shares, when the shares held by his spouse, Omatsu Keiko (尾松 恵子), were included.」
The structure in which the representative director and largest shareholder and his spouse hold a majority of the shares, as well as the potential impact on important decisions, continues to be disclosed. - FY2024WorsenedAnnual report
「However, the interests that the large shareholder has in the Company's business and other matters may differ from those of other shareholders. Depending on the shareholder's holding policy and voting policy, this may affect important decisions of the Company, including the election and dismissal of directors and business combination transactions, and may have a material impact on the performance and financial position of the Group.」
In addition to the previous disclosure of the shareholding ratio and dependence on a specific individual, the potential impact of the large shareholder on important decisions, including the election and dismissal of directors and business combination transactions, was expressly stated. - FY2023RestatedAnnual report
「As of the end of the consolidated fiscal year, the shares held by Omatsu Hideki (尾松 豪紀), the Company's representative director and largest shareholder, accounted for 49.5% of the total issued shares, excluding treasury shares. Including the shares held by his spouse, Omatsu Keiko (尾松 恵子), the combined holding was 52.4%. He is expected to continue holding a substantial number of the Company's shares and remain its largest shareholder. In exercising his voting rights, however, he intends to pursue the common interests of shareholders while also taking minority shareholders' interests into consideration.」
The representative director and largest shareholder holds 49.5%, or 52.4% including his spouse, with the risks arising from his control and dependence on a specific individual continuing to be disclosed. - FY2022RestatedAnnual report
「As of the end of the consolidated fiscal year, the shares held by Omatsu Hiroki (尾松 豪紀), our representative director and largest shareholder, account for 49.6% of the total number of issued shares, excluding treasury shares. Including the shares held by his spouse, Omatsu Keiko (尾松 恵子), the combined holding is 52.5%.」
Continued disclosure of the shareholding ratio of the representative director and largest shareholder, as well as the risks arising from his control and dependence on a specific individual. - FY2021First statedAnnual report
「As of the date of filing this document, the shares held by Omatsu Hiroki (尾松 豪紀), our representative director and largest shareholder, account for 49.6% of the total number of shares issued. Including the shares held by his spouse, Omatsu Keiko (尾松 恵子), the combined holding is 52.5%. We are working to establish a management structure that is not excessively dependent on him. However, if for any reason he becomes unable to continue managing our group’s operations, this could have a material impact on our group’s operating results and financial position.」
The company specifically discloses the representative director and largest shareholder’s ownership ratio and the company’s dependence on his important role in management.