Worth reading
39Recurring
Scored from 1 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Governance structure
Controlling shareholder
No controlling shareholder or parent company. Other affiliated companies are TOYOTA TSUSHO CORPORATION19.30%Voting rights
19.3% voting rights ownership) and TORAY INDUSTRIES,INC. (17.3%).
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.
Number of directorsTotal directors: Not disclosed, of whom outside directors: Not disclosed (2 from TOYOTA TSUSHO CORPORATION and 1 from TORAY INDUSTRIES,INC.)
Changes this time
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Number of directors | Total directors: Not disclosed, of whom outside directors: Not disclosed (2 from TOYOTA TSUSHO CORPORATION and 1 from TORAY INDUSTRIES,INC.) |
| Controlling shareholder | No controlling shareholder or parent company. Other affiliated companies are TOYOTA TSUSHO CORPORATION (19.3% voting rights ownership) and TORAY INDUSTRIES,INC. (17.3%). |
| Changes this time | Changes from the previous report: Not disclosed |
Items this document does not state (5)
Corporate Governance StructureNumber 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.TOYOTA TSUSHO CORPORATION is the largest shareholder, a major customer for the Company's products and a major supplier of raw materials, and is therefore described as the company with the greatest influence on the listed company.
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.