Komori
Governance1736OTEC CORPORATIONConstruction and Materials

Matters Concerning Controlling Shareholders

The company disclosed the voting rights ownership status and business relationship of 日本継手株式会社, which holds 20.05% of the company's shares and is classified as an "other affiliated company." There are no plans to change its future position within the corporate group or its relationship with the company.

Worth reading
50Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
20.05
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
日本継手株式会社20.05%Voting rights

other affiliated company, voting rights ownership ratio: 20.05%

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.

Changes this time

No changes are planned to its position within the corporate group or its relationship with the parent company or other entities in the future.

Governance structure
ItemDetails
Controlling shareholder日本継手株式会社 (other affiliated company, voting rights ownership ratio: 20.05%)
Changes this timeNo changes are planned to its position within the corporate group or its relationship with the parent company or other entities in the future.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

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.

日本継手株式会社 is classified as an other affiliated company because it owns 20.05% of the voting rights and there are transfers of officers and business transactions between the companies.

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 | OTEC CORPORATION (1736) timely disclosure | Komori