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Governance2424Brass CorporationInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Tatsuaki Kawai (河合 達明) was listed as the controlling shareholder, with a voting-rights ownership ratio of 56.58%. There are no transactions with the controlling shareholder, and procedures for protecting minority shareholders in the event of exceptional transactions were also outlined.

Worth reading
45Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
56.58
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit & Supervisory Board
Controlling shareholder
河合達明氏、議決権所有割合56.58%56.58%Voting rights

直接所有分50.27%、合算対象分6.29%

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
Corporate Governance StructureCompany with an Audit & Supervisory Board
Controlling shareholder河合達明氏、議決権所有割合56.58%(直接所有分50.27%、合算対象分6.29%)
Items this document does not state (6)
Number 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.

支配株主等に関する事項を知らせるため。会社は、支配株主との取引を原則行わず、例外的な取引では合理性・条件の妥当性を慎重に判断し、監査役会の監視・監督および取締役会決議を経る方針を示している。

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 | Brass Corporation (2424) timely disclosure | Komori