Komori
Governance2588Premium Water Holdings,Inc.Food

Matters Concerning Controlling Shareholders

The company reported the voting rights ownership ratios of its parent company, HIKARI TSUSHIN,INC., and its other affiliated company, HCMAアルファ, as well as their relationships with the company. It stated that there were no applicable transactions with the HIKARI TSUSHIN Group or measures to protect minority shareholders in connection with such transactions.

Worth reading
53Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
70.08
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
HIKARI TSUSHIN,INC.70.08%Voting rights

parent company, voting rights ownership ratio: 70.08%), HCMAアルファ (other affiliated company, voting rights ownership ratio: 40.45%

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 and Supervisory Committee
Controlling shareholderHIKARI TSUSHIN,INC. (parent company, voting rights ownership ratio: 70.08%), HCMAアルファ (other affiliated company, voting rights ownership ratio: 40.45%)
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 disclose matters concerning controlling shareholders, etc. The company explained that its independence is sufficiently secured because it is not subject to operational constraints from the HIKARI TSUSHIN Group and makes independent management decisions based on its own judgment.

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 | Premium Water Holdings,Inc. (2588) timely disclosure | Komori