Komori
Governance3092ZOZO,Inc.Retail

Matters Concerning Controlling Shareholders

The company reported on its controlling relationship with LINEヤフー株式会社 and other parent companies, transactions with parent companies, the dispatch of directors, and its policy for protecting minority shareholders. No specific changes from the previous report are stated in the body of the report.

Worth reading
52Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
51.9
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
SoftBank Group Corp.51.90%Voting rights

51.9% combined, listed), ソフトバンクグループジャパン㈱ (51.9% combined), ソフトバンク㈱ (51.9% combined, listed), Aホールディングス㈱ (51.9% combined), LINEヤフー㈱ (51.9% combined, listed), Zホールディングス中間㈱ (51.9% direct

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.

Changes this time

No changes from the previous report are described.

Governance structure
ItemDetails
Controlling shareholderSoftBank Group Corp. (51.9% combined, listed), ソフトバンクグループジャパン㈱ (51.9% combined), ソフトバンク㈱ (51.9% combined, listed), Aホールディングス㈱ (51.9% combined), LINEヤフー㈱ (51.9% combined, listed), Zホールディングス中間㈱ (51.9% direct)
Changes this timeNo changes from the previous report are described.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy 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.

LINEヤフー株式会社 has dispatched 2 directors to the company and is considered to have a significant influence on the company's decision-making. The company explains that a certain degree of independence is secured because there are no business restrictions imposed by its parent companies and the company can make management decisions independently.

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 | ZOZO,Inc. (3092) timely disclosure | Komori