Komori
Governance1827NAKANO CORPORATIONConstruction and Materials

Matters Concerning Controlling Shareholders

Kanto Kogyo Co., Ltd. was disclosed as our other affiliated company, together with information on the relationship between the companies, including the voting rights ownership ratio. Kanto Kogyo holds a total of 23.90% of the voting rights, and the two companies have relationships involving the mutual appointment of outside directors and transactions relating to construction contracts.

Worth reading
54Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
23.9
Percentage of voting rights held (%; aggregated)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Kanto Kogyo Co., Ltd.12.68%Voting rights

other affiliated company; voting rights ownership ratio: 12.68% held directly, 11.22% included in the aggregate, 23.90% total; not listed

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 shareholderKanto Kogyo Co., Ltd. (other affiliated company; voting rights ownership ratio: 12.68% held directly, 11.22% included in the aggregate, 23.90% total; not listed)
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.

The stated reason is to provide information on matters concerning controlling shareholders, etc. in relation to Kanto Kogyo Co., Ltd., which is an other affiliated company. The company recognizes that it is not subject to restrictions on its business activities by Kanto Kogyo and that its management independence is secured.

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 | NAKANO CORPORATION (1827) timely disclosure | Komori