Komori
Governance3116TOYOTA BOSHOKU CORPORATIONAutomobiles and transportation equipment

Matters Concerning Controlling Shareholders

TOYOTA MOTOR CORPORATION was reported as an Other Affiliated Company, together with its voting rights ownership ratio, business relationships, measures to ensure independence, and transaction details for the current fiscal year. TOYOTA MOTOR CORPORATION's voting rights ownership ratio is 32.44%.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
32.44
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
TOYOTA MOTOR CORPORATION32.44%Voting rights

Other Affiliated Company), voting rights ownership ratio: 32.44% (direct ownership: 32.44%; portion subject to aggregation: —

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
Controlling shareholderTOYOTA MOTOR CORPORATION (Other Affiliated Company), voting rights ownership ratio: 32.44% (direct ownership: 32.44%; portion subject to aggregation: —)
Items this document does not state (7)
Corporate Governance StructureNumber 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.

The company explained that it ensures independence by pursuing its own growth strategy while seeking mutual prosperity with TOYOTA MOTOR CORPORATION, and by determining transaction terms through individual negotiations, taking market prices, total costs and other factors into account. At the same time, it stated that its high sales ratio attributable to TOYOTA MOTOR CORPORATION could adversely affect its operating results and financial position depending on trends in automobile sales.

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 | TOYOTA BOSHOKU CORPORATION (3116) timely disclosure | Komori