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Governance1720TOKYU CONSTRUCTION CO., LTD.Construction and Materials

Matters Concerning Controlling Shareholders

TOKYU CORPORATION is identified as an other affiliated company, with a voting rights ownership ratio of 15.1% (14.5% held directly and 0.6% included in the aggregate), and its business relationships and interlocking officer positions are reported.

Worth reading
56In focus
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
15.1
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
TOKYU CORPORATION15.10%Voting rights

other affiliated company; voting rights ownership ratio: 15.1%; 14.5% held directly and 0.6% 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 directors12 (of whom the number of outside directors is Not disclosed)
Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directors12 (of whom the number of outside directors is Not disclosed)
Controlling shareholderTOKYU CORPORATION (other affiliated company; voting rights ownership ratio: 15.1%; 14.5% held directly and 0.6% included in the aggregate)
Items this document does not state (5)
Number 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.

As a member of the TOKYU Group, the Company conducts its business while maintaining management independence, with the aim of enhancing corporate and brand value through cooperation. The Company states that leveraging the TOKYU Group's brand strength and management resources offers the benefit of generating synergies.

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 | TOKYU CONSTRUCTION CO., LTD. (1720) timely disclosure | Komori