Changes in Relationships with Mizuho Financial Group and ITOCHU Corporation
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: 2026-06-24.
The whole theme swung hardest in 2025: 2 of 13 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- 2026-06-24RestatedGovernance
「Our company is an equity-method affiliate of Mizuho Financial Group,Inc., including Mizuho Bank, Ltd.」
Mizuho Financial Group,Inc. is identified as the other affiliated company with the greatest influence, and the company reaffirmed its sales and financing relationships centered on Mizuho Bank and its status as an equity-method affiliate. Mizuho Bank's voting rights are stated to be 33.79% following the partial transfer to ムニノバホールディングス. The original canonical thread remains unchanged. - FY2026ReframedAnnual report
「ITOCHU Corporation, which was a major shareholder at the end of the previous fiscal year, was no longer a major shareholder as of the end of the current fiscal year.」
The company describes a change in its relationship with ITOCHU Corporation, previously a major shareholder and partner, noting that ITOCHU Corporation was no longer a major shareholder at the end of the fiscal year. Meanwhile, Mizuho Bank remained a major shareholder, holding 48.66%. - 2026-05-15OtherOccurring Fact
「We also announce that the change in our major shareholders is expected to occur upon completion of this share transfer.」
Mizuho Bank's voting rights are expected to decline from 48.79% to 33.79%, while ムニノバ is expected to become the second-largest shareholder with 15.0%. No assessment of the effects of this change in relationships is provided. - FY2021RestatedAnnual report
「However, Mizuho Bank is a major shareholder of our company and a key partner in expanding our business, so any future change in our relationship with Mizuho Bank may affect our financial results.」
The company continues to describe the risk that changes in its relationship with Mizuho may affect financial results. A similar description is provided for ITOCHU Corporation. - FY2020RestatedAnnual report
「Mizuho Bank is a major shareholder of our company and a key partner in expanding our business, so any future change in our relationship with Mizuho Bank may affect our financial results.」
The company continues to describe Mizuho and ITOCHU Corporation as major shareholders and key partners, and changes in these relationships as a risk to financial results. - FY2017First statedAnnual report
「The Mizuho Financial Group is a major shareholder of our company and a key partner in expanding our business, so any future change in our relationship with the group may affect our financial results. As of the end of the consolidated fiscal year, ITOCHU Corporation held 16.53% of our common shares, and our company was classified as an equity-method affiliate of ITOCHU Corporation.」
The company identifies Mizuho Financial Group and ITOCHU Corporation as major shareholders and key partners, and describes the impact of changes in these relationships on financial results as a risk.