Share Liquidity Risk from Representative Director’s Shareholding
First written in FY2022. 4 of 7 entries say "Mitigated", first in FY2023. Latest entry: 2026-08-17.
The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026-H1Updated ownership ratioAnnual report
「Yamamoto Koji Chofu, Tokyo 4,958,200 66.73」
The filing reports the Representative Director and President’s shareholding ratio as 66.73% as of 30 June 2026. This is slightly above the 66.7% reported at the previous consolidated fiscal year-end, and the filing does not reiterate the policy of staged secondary offerings. - FY2025MitigatedAnnual report
「At the end of the fiscal year, the Representative Director and President held 66.7% of the shares. Going forward, we will conduct secondary offerings in stages and secure further liquidity by reducing the holding to approximately a majority.」
The Representative Director and President’s holding declined from 67.3% to 66.7%, while the ratio of tradable shares was 32.7%. The policy of securing liquidity through staged secondary offerings continues. - FY2024Slight Increase in Shareholding RatioAnnual report
「At the end of the fiscal year, the Representative Director and President held 67.3% of the shares. Going forward, we will conduct secondary offerings in stages and secure further liquidity by reducing the holding to approximately a majority.」
The Representative Director and President’s holding increased slightly from 67.2% to 67.3%, while the ratio of tradable shares was 32.4%. The policy of securing liquidity through staged secondary offerings continues. - FY2023MitigatedAnnual report
「At the end of the fiscal year, the Representative Director and President held 67.2% of the shares. Going forward, we will conduct secondary offerings in stages and secure further liquidity by reducing the holding to approximately a majority.」
The Representative Director and President’s holding declined from 69.8% to 67.2%, while the ratio of tradable shares was 32.0%. The policy of securing additional liquidity through staged secondary offerings continues. - FY2022First statedAnnual report
「At the end of the fiscal year, the Representative Director and President held 69.8% of the shares. Going forward, we will conduct secondary offerings in stages and secure further liquidity by reducing the holding to approximately a majority.」
The Representative Director and President held 69.8%, while the ratio of tradable shares was 30.2%. The company plans to enhance liquidity through staged secondary offerings and identifies the risk of stagnant market trading if liquidity declines.