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Governance3670Kyoritsu Computer & Communication Co.,Ltd.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Sasaki Shigenori (佐々木 茂則) is listed as a controlling shareholder, with voting rights ownership of 30.15% held directly, 35.15% subject to aggregation, and 65.30% in total. There are no transactions with the controlling shareholder or related parties, and measures to protect minority shareholders are also disclosed.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
65.3
Voting rights ownership percentage (%, total)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Sasaki Shigenori30.15%Voting rights

佐々木 茂則), controlling shareholder (excluding parent company), voting rights ownership: 30.15% held directly, 35.15% subject to aggregation, 65.30% in total

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 shareholderSasaki Shigenori (佐々木 茂則), controlling shareholder (excluding parent company), voting rights ownership: 30.15% held directly, 35.15% subject to aggregation, 65.30% in total
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 disclose matters concerning controlling shareholders, etc. To protect minority shareholders, the policy is to ensure that transactions with the controlling shareholder or related parties are conducted on appropriate terms comparable to general transaction terms, with the Board of Directors deliberating and determining the appropriateness of the transaction details and terms.

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 | Kyoritsu Computer & Communication Co.,Ltd. (3670) timely disclosure | Komori