Komori
Governance3477FORLIFE Co.,Ltd.Real Estate

Matters Concerning Controlling Shareholders

The company reported the status of its controlling shareholder and its measures to protect minority shareholders in transactions with the controlling shareholder. There are no transactions with the controlling shareholder. If such transactions arise in the future, the company will deliberate and determine their appropriateness, including the transaction details and terms, at a meeting of the Board of Directors.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
66.05
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Okumoto Kenji66.05%Voting rights

奥本 健二) (controlling shareholder, excluding the parent company): voting rights ownership ratio 66.05% (direct ownership 66.05%; ownership 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 shareholderOkumoto Kenji (奥本 健二) (controlling shareholder, excluding the parent company): voting rights ownership ratio 66.05% (direct ownership 66.05%; ownership 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.

To report matters concerning the controlling shareholder. As a measure to protect minority shareholders if transactions with the controlling shareholder arise, the company has stated its policy of properly deliberating the appropriateness of the transaction details and terms at a meeting 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 | FORLIFE Co.,Ltd. (3477) timely disclosure | Komori