Komori
Governance1944KINDEN CORPORATIONConstruction and Materials

Matters Concerning Controlling Shareholders

The Kansai Electric Power Company,Incorporated is disclosed as an other affiliated company holding 37.2% of the voting rights. The disclosure covers transactions and personnel relationships with the company, as well as the Company's independence. This disclosure does not indicate any changes to the governance structure itself.

Worth reading
44Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
37.2
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
The Kansai Electric Power Company,Incorporated29.80%Voting rights

other affiliated company; voting rights ownership ratio: 29.8% held directly, 7.4% included in the aggregate, total 37.2%

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

Disclosure of matters concerning controlling shareholders, etc. No specific changes from the previous report are stated.

Governance structure
ItemDetails
Controlling shareholderThe Kansai Electric Power Company,Incorporated (other affiliated company; voting rights ownership ratio: 29.8% held directly, 7.4% included in the aggregate, total 37.2%)
Changes this timeDisclosure of matters concerning controlling shareholders, etc. No specific changes from the previous report are stated.
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 explain the capital relationship, transaction relationship, personnel relationship and independence of the Company with The Kansai Electric Power Company,Incorporated, which qualifies as a controlling shareholder, etc.

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 | KINDEN CORPORATION (1944) timely disclosure | Komori