Komori
Governance4494Vario Secure Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

The Company has decided to integrate its management with its parent company, HEROZ, Inc., through a share exchange, and its shares are scheduled to be delisted on 26 June 2026. HEROZ, Inc. is the Company's parent company and holds 42.8% of its voting rights.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
42.8
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
HEROZ, Inc.42.80%Voting rights

parent company; voting rights ownership ratio: 42.8%

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

The Company has decided to integrate its management with HEROZ, Inc. through a share exchange. The Company's shares are scheduled to be delisted as of 26 June 2026.

Governance structure
ItemDetails
Controlling shareholderHEROZ, Inc. (parent company; voting rights ownership ratio: 42.8%)
Changes this timeThe Company has decided to integrate its management with HEROZ, Inc. through a share exchange. The Company's shares are scheduled to be delisted as of 26 June 2026.
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.

To implement a management integration under which HEROZ, Inc. will become the wholly owning parent company in the share exchange and the Company will become the wholly owned subsidiary.

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 | Vario Secure Inc. (4494) timely disclosure | Komori