Risk from the Parent Company’s Influence and Related-Party Transactions
First written in FY2023. 1 of 7 entries say "Reframed", first in FY2024. Latest entry: 2026-06-26.
53 other companies' latest entry also says "Restated".
- 2026-06-26RestatedGovernance
「NSHD, another affiliated company, is our largest shareholder, holding 39.57% of our voting rights, including 6.08% subject to aggregation, as of 31 March 2026. However, we make decisions independently without being influenced by NSHD's intentions and are in a position to make management decisions independently, ensuring our independence.」
The company reconfirms the structure in which NSHD is another affiliated company and the largest shareholder, while stating that it makes independent decisions and maintains its independence. The canonical thread itself has not been changed. - FY2026Lower Ownership Interest, Continuing Controlling Shareholder RelationshipAnnual report
「As of the end of March 2026, 株式会社ＮＳＨＤ, which is a controlling shareholder, was our largest shareholder, holding 37.82% (20,814 thousand shares) of our total issued shares. As a controlling shareholder, it is also in a position to influence our management through the exercise of voting rights and other means, and may influence our decision-making.」
NSHD's ownership ratio declined to 37.82% from 59.22% at the end of the previous fiscal year and 46.87% at the interim period, while the company continues to state that NSHD may influence its decision-making as a controlling shareholder. It also explains that management, including independent outside directors, makes decisions independently and that transaction terms are reviewed by the Board of Directors. - 2026-05-12MitigatedEarnings presentation
「As a result of NSHD proceeding with the sale of part of its shareholding in our company, its shareholding ratio fell to 39.3% and its voting-rights ownership ratio to 39.96% on 20 November last year, causing it to cease to qualify as our parent company.」
NSHD's voting-rights ownership ratio fell below a majority, and it ceased to qualify as the parent company. Although the structure of the parent's influence changed, NSHD continues to hold shares, so no conclusion of the thread is indicated. - FY2026-H1Ownership ratio declined below a majorityAnnual report
「株式会社ＮＳＨＤ 25,366 46.87」
NSHD remains our largest shareholder, but its ownership ratio based on shares excluding treasury shares declined from 59.22% at the end of the previous fiscal year to 46.87%, falling below a majority. This indicates a change in the structure of the parent company's influence. - FY2025Lower ownership ratio and parent-company transactionsAnnual report
「As of the end of March 2025, our parent company, 株式会社ＮＳＨＤ, was our largest shareholder, holding 59.22% (32,585 thousand shares) of our total issued shares.」
The parent company continues to hold a majority of the voting rights, while its ownership ratio declined from 66.91% at the end of the previous fiscal year to 59.22%. The company also disclosed transactions including the parent company's acquisition of treasury shares for ¥915 million and an affiliated company's underwriting of ¥2.5 billion in corporate bonds. - FY2024ReframedAnnual report
「As of the end of March 2024, our parent company, 株式会社ＮＳＨＤ, was our largest shareholder, holding 66.91% (40,116 thousand shares) of our total issued shares.」
株式会社NSHD became the new parent company and major shareholder, replacing ユニコムグループホールディングス株式会社, which had been the parent company and major shareholder at the end of the previous fiscal year. Real estate lease agreements with the parent company and other related parties were terminated in connection with the relocation of the head office, and the description of the business relationship also changed. - FY2023First statedAnnual report
「As of the end of March 2023, the company's parent, ユニコムグループホールディングス株式会社, was its largest shareholder, holding 68.46% (40,116 thousand shares) of the company's total issued shares.」
The company newly identified as a key risk the possibility that its parent, which holds a majority of voting rights, could influence decision-making. It explained that transaction terms require Board of Directors approval and that management, including independent outside directors, makes decisions independently.