Komori
Governance2424Brass CorporationInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed individual shareholder Kawai Tatsuaki (河合達明) as the controlling shareholder and stated the voting rights ownership percentage. There are no transactions with the controlling shareholder, and the procedures for protecting minority shareholders in the event of such transactions are also explained.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
56.16
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit & Supervisory Board
Controlling shareholder
Kawai Tatsuaki56.16%Voting rights

河合達明) (controlling shareholder, voting rights ownership percentage: 56.16% [49.87% held directly, 6.30% included in the aggregate]

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 shareholderKawai Tatsuaki (河合達明) (controlling shareholder, voting rights ownership percentage: 56.16% [49.87% held directly, 6.30% included in the aggregate])
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.

To provide information on matters concerning the controlling shareholder and other related parties. To protect minority shareholders, transactions with the controlling shareholder are generally not conducted; in exceptional cases, the rationale for the transaction and the appropriateness of its terms are assessed, followed by monitoring and oversight by the Audit & Supervisory Board and a resolution of the Board of Directors.

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