Dependence on the 神明グループ for Procurement and Decision-Making
First written in FY2017. 3 of 9 entries say "Restated". Latest entry: 2026-06-26.
Genki Global Dining Concepts moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
56 other companies' latest entry also says "Restated".
- FY2026-H1ReframedAnnual report
「At its board meeting held on 26 August 2025, the Company resolved to acquire all shares of 株式会社ゴダック and 株式会社神戸まるかん from 株式会社神明ホールディングス and make them subsidiaries. It entered into a share transfer agreement on the same date and acquired all shares on 1 October 2025.」
The Company acquired ゴダック and 神戸まるかん, formerly subsidiaries of ㈱神明ホールディングス, changing to a structure in which the procurement- and processing-related companies became subsidiaries of the Company's group. - FY2025SoftenedAnnual report
「As of the end of the consolidated fiscal year, our group had received a 40.8% investment from ㈱神明ホールディングス. Because 1 director also serves as a director of that company, among other factors, our group is its subsidiary under the control criterion. Our group conducts part of its procurement of food ingredients and other items through ㈱神明 and ㈱神戸まるかん, among others, both subsidiaries of ㈱神明ホールディングス, with prices determined after taking market prices into account and negotiating prices.」
The investment by and parent-subsidiary relationship with ㈱神明ホールディングス continued, but the number of directors serving concurrently was 1, and procurement was described as “part” rather than “most,” indicating a narrower scope of dependence than before. - FY2024SoftenedAnnual report
「Our group conducts part of its procurement of food ingredients and other items through ㈱神明 and ㈱神戸まるかん, among others, both subsidiaries of ㈱神明ホールディングス, with prices determined after taking market prices into account and negotiating prices.」
The 40.8% investment by ㈱神明ホールディングス, consultation and reporting on important matters, and procurement relationship through the parent group's companies continued. However, procurement was described as “part” rather than the previous “most,” and the number of officers serving concurrently was stated as 2. - FY2022RestatedAnnual report
「Our group conducts most of its procurement of food ingredients and other items through ㈱神戸まるかん, a subsidiary of ㈱神明ホールディングス, with prices determined after taking market prices into account and negotiating prices.」
Continued to disclose the relationship involving ㈱神明ホールディングス's 40.8% investment, interlocking officers, procurement through ㈱神戸まるかん, and consultation and reporting on important matters. - FY2020ReframedAnnual report
「As of the end of the consolidated fiscal year, our group had received a 40.8% investment from ㈱神明ホールディングス. Because 5 directors also serve as directors or officers of that company, our group is its subsidiary under the control criterion. Our group conducts most of its procurement of food ingredients and other items through ㈱神戸まるかん, a subsidiary of ㈱神明ホールディングス, with prices determined after taking market prices into account and negotiating prices.」
The disclosure regarding the relationship with ㈱神明ホールディングス was updated to state that 5 officers serve concurrently and that procurement is conducted through its subsidiary, ㈱神戸まるかん. - FY2018RestatedAnnual report
「Our group conducts most of its procurement of food ingredients and other items through ㈱神明, with prices determined after taking market prices into account and negotiating prices. In the ordinary course of business, our group makes its own decisions, but it consults with or reports important matters to ㈱神明.」
Reiterated the 40.8% investment by ㈱神明, interlocking officers, procurement dependence, consultation and reporting on important matters, and influence over general meetings of shareholders. Explained that procurement prices are determined through price negotiations, taking market prices into account. - FY2017First statedAnnual report
「As of the end of the current consolidated fiscal year, the group is a subsidiary of 株式会社神明 under the control criterion because 株式会社神明 holds a 40.8% equity interest and 3 directors also serve as officers of 株式会社神明. The group conducts most of its procurement of ingredients and other items through 株式会社神明, under general trading terms. Although the group makes its own decisions in conducting ordinary business, it consults with or reports important matters to 株式会社神明. 株式会社神明 also has influence over resolutions at general meetings of shareholders, including the election of the company's directors and the distribution of surplus, and may therefore cause resolutions to be adopted that differ from the intentions of other shareholders.」
The 40.8% investment by 株式会社神明, interlocking officers, food procurement, consultation and reporting on important matters, and influence over general meeting resolutions were newly disclosed separately as relationship-related risks that could affect the financial position and operating results.