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Governance1764KUDO CORPORATIONConstruction and Materials

Matters Concerning Controlling Shareholders

Reported the control relationship with 株式会社トップ as the parent company, the relationship with the parent company, and measures to protect minority shareholders. No transactions with the parent company have occurred to date.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
45.43
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社トップ45.43%Voting rights

parent company), voting rights ownership ratio: 45.43% (direct ownership: 45.43%; portion included in the combined total: 0.0%; total: 45.43%

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.

Governance structure
ItemDetails
Controlling shareholder株式会社トップ (parent company), voting rights ownership ratio: 45.43% (direct ownership: 45.43%; portion included in the combined total: 0.0%; total: 45.43%)
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber 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.

This is because 株式会社トップ is a company whose voting rights are wholly owned by close relatives of the Company's officers and does not perform headquarters functions within the Company's corporate group. To protect minority shareholders, if a transaction arises, it will generally be conducted on appropriate terms equivalent to those for ordinary transactions, with the Board of Directors reviewing and determining the appropriateness of the transaction's details and terms.

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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.
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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 | KUDO CORPORATION (1764) timely disclosure | Komori