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Governance4495i Cubed Systems,Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Sasaki Tsutomu (佐々木 勉) was identified as the controlling shareholder, with a 55.57% voting rights ownership ratio. There are no transactions with the controlling shareholder, and procedures for protecting minority shareholders if such transactions are conducted are also disclosed.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
55.57
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Sasaki Tsutomu55.57%Voting rights

佐々木 勉), voting rights ownership ratio 55.57% (direct ownership 55.57%, portion subject to aggregation —

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 Tsutomu (佐々木 勉), voting rights ownership ratio 55.57% (direct ownership 55.57%, portion subject to aggregation —)
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 ensure that the Board of Directors fully considers the reasonableness and necessity of the transaction and the appropriateness of its terms from the perspective of protecting minority shareholders when conducting transactions with the controlling shareholder.

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.
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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 Cubed Systems,Inc. (4495) timely disclosure | Komori