Komori
Governance2461FAN Communications,Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed that HIKARI TSUSHIN,INC. is an other affiliated company holding 22.37% of the Company's voting rights through indirect ownership, among other matters. The Company states that it has no controlling shareholder.

Worth reading
39Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
22.37
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
HIKARI TSUSHIN,INC.22.37%Voting rights

other affiliated company; 22.37% indirect ownership). The Company has no controlling shareholder.

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.

Number of directorsnot disclosed (including 4 independent outside directors)
Governance structure
ItemDetails
Number of directorsnot disclosed (including 4 independent outside directors)
Controlling shareholderHIKARI TSUSHIN,INC. (other affiliated company; 22.37% indirect ownership). The Company has no controlling shareholder.
Items this document does not state (6)
Corporate Governance StructureNumber 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.

Because it holds the largest voting interest among the group of other affiliated companies through indirect holdings via HIKARI TSUSHIN,INC., UH Partners 2 Investment Limited Partnership, UH Partners 3 Investment Limited Partnership, and Hikari Tsushin KK Investment Limited Partnership.

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 | FAN Communications,Inc. (2461) timely disclosure | Komori