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Governance2292S Foods Inc.Food

Matters Concerning Controlling Shareholders

Reported that Marubeni Corporation is an other affiliated company holding 15.3% of the voting rights in the Company and that the Company is an equity-method affiliate of the Marubeni Group. The filing also describes transactions with Marubeni, including purchases of merchandise, and indicates that the terms and conditions are the same as those applicable to general business partners.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
15.3
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Marubeni Corporation15.30%Voting rights

other affiliated company, voting rights ownership ratio: 15.3%; directly held: 15.3%; included in aggregate: 0.0%; listed on the Tokyo Stock Exchange Prime Market

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 shareholderMarubeni Corporation (other affiliated company, voting rights ownership ratio: 15.3%; directly held: 15.3%; included in aggregate: 0.0%; listed on the Tokyo Stock Exchange Prime Market)
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.

To report the status of controlling shareholders, etc., and the details and terms and conditions of transactions with controlling shareholders, 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 | S Foods Inc. (2292) timely disclosure | Komori