Concentration of Voting Rights Among Major Shareholders and Representative Directors
First written in FY2020. 3 of 8 entries say "Softened", first in FY2021-Q3. Latest entry: 2026-10-16.
Copa Corporation moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
4 other companies' latest entry also says "Softened".
- FY2026ReframedAnnual report
「As of the date of submission of this document, the Company's representative director, Yoshimura Taisuke (吉村 泰助), and his asset management company, 株式会社ミロク, together with 株式会社チョイズ, owned 68.9% of the total number of issued shares, excluding treasury shares.」
株式会社ミロク was listed as the asset management company in place of the previously disclosed エンパワーフィールド株式会社. The holding of the representative director and the related companies changed from 76.03% to 68.9%. - 2026-05-19AdvancedManagement Planning
「While holding discussions with major shareholders regarding the release of non-tradable shares, we will organize options for improving the number of tradable shares through continuous dialogue and proceed cautiously, taking into account market conditions and the share price level.」
In connection with the concentration of voting rights among major shareholders, the company specifically presented discussions on releasing non-tradable shares and consideration of ways to improve the number of tradable shares. - FY2026-H1WorsenedAnnual report
「Yoshimura Taisuke (吉村 泰助) 1,140,000 38.48 エンパワーフィールド株式会社 700,000 23.63 株式会社チョイズ 200,000 6.75 Total — 2,251,933 76.03」
The holding of the top shareholders, including the representative director and 2 related companies, was 76.03%, up from the previously stated 68.8%. - FY2021SoftenedAnnual report
「As of the date of submission of this document, the Company's representative director, Yoshimura Taisuke (吉村 泰助), and his asset management company, エンパワーフィールド株式会社, together with 株式会社チョイズ, owned 68.8% of the total number of issued shares.」
The combined holding of the representative director and the 3 related companies declined from the previously stated 72.52% to 68.8%. They nevertheless continued to hold a majority. - FY2021-Q3SoftenedAnnual report
「Yoshimura Taisuke (吉村 泰助) 1,140,000 40.53 エンパワーフィールド株式会社 700,000 24.88 株式会社チョイズ 200,000 7.11」
After the public offering accompanying the listing, the representative director and the 3 related companies held a combined 72.52%, down from the previously stated 75.0% based on the figures in the table. The 3 parties nevertheless held a majority. - FY2020First statedAnnual report
「As of the date of submission of this document, the Company's representative director, Yoshimura Taisuke (吉村 泰助), and his asset management company, エンパワーフィールド株式会社, together with 株式会社チョイズ, owned 75.0% of the total number of issued shares.」
The disclosure recognizes the major shareholders as stable shareholders while noting that future share sales could affect the market price and distribution of the shares.