Komori
Governance1959KRAFTIA CORPORATIONConstruction and Materials

Matters Concerning Controlling Shareholders

Disclosed that Kyushu Electric Power Company,Incorporated holds 22.75% of the voting rights as an other affiliated company, as well as transactions and personnel ties with the Kyushu Electric Power Group. The relationship is that of an equity-method affiliate, rather than a controlling shareholder or parent company.

Worth reading
39Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
22.75
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Kyushu Electric Power Company,Incorporated22.58%Voting rights

other affiliated company; directly 22.58%, indirectly 0.17%, total 22.75%

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 shareholderKyushu Electric Power Company,Incorporated (other affiliated company; directly 22.58%, indirectly 0.17%, total 22.75%)
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.

We conduct business in the field of equipment construction, which differs from the businesses of the Kyushu Electric Power Group, based on our own management policies and decisions. We therefore recognize that a certain degree of 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 | KRAFTIA CORPORATION (1959) timely disclosure | Komori