Komori
Governance3776BroadBand Tower,Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

The company disclosed its voting rights ratio, interlocking directorships and transaction policies concerning its relationship with 株式会社インターネット総合研究所 and its wholly owned subsidiary, Internet Research Institute Ltd. No changes are planned to the company’s future position within the corporate group or to these relationships.

Worth reading
50Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
16.3
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社インターネット総合研究所16.30%Voting rights

voting rights ratio: 16.3%) and Internet Research Institute Ltd (indirect ownership; voting rights ratio: 16.3%). Both are classified as other affiliated companies.

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 are planned to the company’s future position within the corporate group or to its other relationships with the parent company, etc.

Governance structure
ItemDetails
Controlling shareholder株式会社インターネット総合研究所 (voting rights ratio: 16.3%) and Internet Research Institute Ltd (indirect ownership; voting rights ratio: 16.3%). Both are classified as other affiliated companies.
Changes this timeNo changes are planned to the company’s future position within the corporate group or to its other relationships with the parent company, etc.
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.

Directors hold concurrent positions in order to strengthen the relationship with 株式会社インターネット総合研究所, receive management support from a shareholder’s perspective, and apply to the company’s management the experience and specialized knowledge developed at that company and other group companies. The company explains that a certain degree of independence is secured because its business activities are not restricted and its independent management decisions are not impeded.

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 | BroadBand Tower,Inc. (3776) timely disclosure | Komori