Komori
Governance1420Sanyo Homes CorporationConstruction and Materials

Matters Concerning Controlling Shareholders

The disclosure states that LIXIL is an other affiliated company holding 24.29% of the voting rights in the Company, and that the Company is an equity-method affiliate of LIXIL. It also explains the Company's management independence and the terms of transactions with LIXIL.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
24.29
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
LIXIL Corporation24.29%Voting rights

other affiliated company), voting rights ownership ratio: 24.29% (direct ownership: 24.29%; amount included in the aggregate: —

When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.

Number of directors8 directors, including 3 outside directors
Governance structure
ItemDetails
Number of directors8 directors, including 3 outside directors
Controlling shareholderLIXIL Corporation (other affiliated company), voting rights ownership ratio: 24.29% (direct ownership: 24.29%; amount included in the aggregate: —)
Items this document does not state (6)
Corporate Governance StructureNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesChanges this time

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

LIXIL Corporation holds 24.29% of the voting rights in the Company, and the Company is disclosing matters concerning controlling shareholders, etc.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Matters Concerning Controlling Shareholders | Sanyo Homes Corporation (1420) timely disclosure | Komori