Worth reading
60In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
41.15
Voting rights ownership percentage (%)Wording
Definitive
How definitive the wording is.Governance structure
Company with an Audit and Supervisory CommitteeControlling shareholder
Mitsubishi Corporation, 41.15% of voting rights41.15%Voting rights
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.
Committee2
Governance Nomination Advisory Committee (all independent outside directors serve as membersand they comprise a majority)
Changes this time
The Board of Directors decided on the basic approach and specific measures for protecting minority shareholders’ interests
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Governance Nomination Advisory Committee (all independent outside directors serve as members, and they comprise a majority) |
| Controlling shareholder | Mitsubishi Corporation, 41.15% of voting rights |
| Changes this time | The Board of Directors decided on the basic approach and specific measures for protecting minority shareholders’ interests |
Items this document does not state (4)
Number of directorsNumber of independent officersPolicy 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.As part of efforts to strengthen corporate governance, to clarify the basic approach and specific measures for protecting minority shareholders’ interests in relation to the controlling shareholder and other related parties.
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.