Komori
Governance1934YURTEC CORPORATIONConstruction and Materials

Matters Concerning Controlling Shareholders

The Company disclosed Tohoku Electric Power Company,Incorporated as an other affiliated company, including its voting rights ownership ratio and business and personnel relationships. Although officers holding concurrent positions with Tohoku Electric existed previously, no such officers were serving as the Company’s directors as of 31 March 2026.

Worth reading
66In focus
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
39.59
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Tohoku Electric Power Company,Incorporated39.24%Voting rights

other affiliated company; voting rights ownership ratio: direct 39.24%, indirect 0.34%, aggregate 39.59%; listed on the Prime Market of the Tokyo Stock Exchange

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

As of 31 March 2025, officers holding concurrent positions with Tohoku Electric existed, but as of 31 March 2026, no such officers were serving as the Company’s directors.

Governance structure
ItemDetails
Controlling shareholderTohoku Electric Power Company,Incorporated (other affiliated company; voting rights ownership ratio: direct 39.24%, indirect 0.34%, aggregate 39.59%; listed on the Prime Market of the Tokyo Stock Exchange)
Changes this timeAs of 31 March 2025, officers holding concurrent positions with Tohoku Electric existed, but as of 31 March 2026, no such officers were serving as the Company’s directors.
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.

To provide information on matters concerning controlling shareholders, etc. Transaction prices are negotiated after taking market prices and other factors into consideration and are determined under terms similar to those of general transactions. The Company is also promoting independent business activities by expanding orders in the general market.

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 | YURTEC CORPORATION (1934) timely disclosure | Komori