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Governance4177i-plug,Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Identified Nakano Tomoya (中野智哉) as the controlling shareholder and disclosed the voting rights ownership ratio. It also set out a policy for protecting minority shareholders by generally refraining from transactions with the controlling shareholder, and, if a transaction is conducted, reviewing it at a meeting of the Board of Directors and ensuring its appropriateness through audits by the Audit & Supervisory Board Members.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
55.96
Percentage of voting rights held (%; aggregated)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Nakano Tomoya15.35%Voting rights

中野智哉) (controlling shareholder, 15.35% held directly, 40.60% subject to aggregation, 55.96% 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 shareholderNakano Tomoya (中野智哉) (controlling shareholder, 15.35% held directly, 40.60% subject to aggregation, 55.96% 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.

As a general rule, the company does not conduct transactions with the controlling shareholder. If a transaction is considered, the Board of Directors reviews the rationale and necessity of the transaction, its terms, and the appropriateness of the decision-making process, among other matters, to ensure that the interests of minority shareholders are not impaired, while its appropriateness is also ensured through audits by the Audit & Supervisory Board Members.

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 | i-plug,Inc. (4177) timely disclosure | Komori