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Tbs Holdings (9401) · RiskRestated

Risk of impairment of corporate value and the common interests of shareholders through inappropriate control

First written in FY2017-Q1. 20 of 21 entries say "Restated". Latest entry: 2026-05-14.

21entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – 2026-05-142016: 220162017: 320172018: 420182019: 220192020: 320202021: 220212022: 020222023: 220232024: 120242025: 120252026: 1
Same theme, other companies
Large-Scale Share Purchases and Acquisition Proposals that May Damage Enterprise ValueA theme 119 companies write about · 120 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 3 of 26 companies on the "Worse" side.

86 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 119 companies compared. The sentences above are computed from all 119.
Full recordFilings, disclosures and news, newest first
  1. 2026-05-14RestatedM&A and Subsidiary Changes

    「We believe that retaining this plan is currently effective as a necessary and appropriate means of responding to large-scale acquisitions that could impede initiatives to transform the company for the purpose of pursuing short-term profits and other objectives and could damage corporate value.」

    The company indicated that it would continue responding to large-scale acquisitions that could damage corporate value under the plan. The original thread is unchanged.
  2. FY2026-H1RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described within the same framework.
  3. FY2025-H1RestatedAnnual report

    「If the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described within the same framework.
  4. FY2024-Q2RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described within the same framework.
  5. FY2023-Q3RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described within the same framework.
  6. FY2022-Q2RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described within the same framework.
  7. FY2021-Q3RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  8. FY2021-Q2RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  9. FY2021-Q1RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  10. FY2020-Q3RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  11. FY2020-Q2RestatedAnnual report

    「If the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  12. FY2020-Q1RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  13. FY2019-Q2RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described within the same framework.
  14. FY2019-Q1RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person continues to be described.
  15. FY2018RestatedAnnual report

    「If the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment by a controlling person who does not share an understanding of the need to strengthen the sources of corporate value over the medium to long term continues to be described.
  16. FY2018-Q3RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person is described within the same framework.
  17. FY2018-Q1RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person is described within the same framework.
  18. FY2017RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person is described within the same framework.
  19. FY2017-Q3RestatedAnnual report

    「However, if the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person is described within the same framework.
  20. FY2017-Q2RestatedAnnual report

    「If the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term」

    The risk of impairment of corporate value and the common interests of shareholders by an inappropriate controlling person is described within the same framework.
  21. FY2017-Q1First statedAnnual report

    「If the person controlling decisions on our financial and business policies does not share an understanding of the sources of our corporate value described above and the need to strengthen them over the medium to long term, and there is a risk that those sources of our corporate value may be impaired over the medium to long term, we believe this could lead to a result contrary to the maximization of our corporate value and the common interests of our shareholders.」

    The risk of impairment where the controlling person does not share an understanding of the sources of corporate value or the need for their medium- to long-term strengthening is described.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Tbs Holdings's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the M&A and Subsidiary Changes of 2026-05-14: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Risk of impairment of corporate value and the common interests of shareholders through inappropriate control | TBS HOLDINGS,INC. (9401) | Komori