Impact of the representative director’s high ownership ratio
First written in FY2021. 5 of 7 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2025.
6 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「As of the end of the consolidated fiscal year, Tanaka Koji (田中浩二), the Company's Representative Director and President, held 62.49% of the total issued shares, excluding treasury shares.」
The Representative Director's shareholding ratio declined from the previous 62.59% to 62.49%. The policy of reducing the ratio relatively through consideration for minority shareholders, oversight by the Board of Directors and Board of Corporate Auditors, and future incentive plans also continues. - FY2024MitigatedAnnual report
「As of the end of the consolidated fiscal year, Tanaka Koji (田中浩二), the Company's Representative Director, held 62.59% of the total issued shares, excluding treasury shares.」
The Representative Director's shareholding ratio declined from the previously reported 65.31% to 62.59%, further reducing the numerical exposure to concentrated share ownership. - FY2024-Q2MitigatedAnnual report
「Tanaka Koji (田中浩二) 800,000 65.31」
Although the Representative Director's shareholding remained unchanged at 800,000 shares, the ownership ratio declined from 67.63% at the end of the previous consolidated fiscal year to 65.31%, further reducing the numerical exposure to concentrated share ownership. - FY2023-Q2MitigatedAnnual report
「Tanaka Koji (田中浩二) 800,000 66.85」
Although the Representative Director's shareholding remained unchanged at 800,000 shares, the ownership ratio declined from 67.63% at the end of the previous fiscal year to 66.85%. - FY2022RestatedAnnual report
「As of the end of the fiscal year, Tanaka Koji (田中浩二), the Company's Representative Director, held 67.63% of the total issued shares, excluding treasury shares.」
The disclosure continues to describe the Representative Director's 67.63% shareholding ratio, consideration for minority shareholders, and governance by the Board of Directors and Board of Corporate Auditors, including outside officers. - FY2022-Q2MitigatedAnnual report
「Tanaka Koji (田中浩二) 800,000 67.63」
Tanaka Koji (田中浩二)'s shareholding ratio declined from 94.87% at the end of the previous fiscal year to 67.63% as of 31 January 2022, changing the numerical exposure to concentrated share ownership. - FY2021First statedAnnual report
「As of the end of the fiscal year, Tanaka Koji (田中浩二) held 94.87% of the total shares, and was expected to remain a major shareholder after the Company's listing on 2 September 2021.」
The Company explains its consideration for minority shareholders and other stakeholders, as well as governance by the Board of Directors and Board of Corporate Auditors, including outside officers.