Komori
Governance4584Kidswell Bio CorporationPharmaceuticals

Matters Concerning Controlling Shareholders

Noritsu Koki Co.,Ltd. ceased to be an other affiliated company from 28 May 2026. As of 31 March 2026, it directly held 19.08% of the voting rights in the Company, and the Company was its equity-method affiliate.

Worth reading
70In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
19.08
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Noritsu Koki Co.,Ltd.19.08%Voting rights

other affiliated company as of 31 March 2026). Direct ownership: 19.08%; ownership subject to aggregation: –; total: 19.08%. However, it has not qualified as an other affiliated company since 28 May 2026.

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

Noritsu Koki Co.,Ltd. ceased to qualify as an other affiliated company from 28 May 2026.

Governance structure
ItemDetails
Controlling shareholderNoritsu Koki Co.,Ltd. (other affiliated company as of 31 March 2026). Direct ownership: 19.08%; ownership subject to aggregation: –; total: 19.08%. However, it has not qualified as an other affiliated company since 28 May 2026.
Changes this timeNoritsu Koki Co.,Ltd. ceased to qualify as an other affiliated company from 28 May 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.

Noritsu Koki Co.,Ltd. ceased to qualify as an other affiliated company from 28 May 2026, as stated in the “Notice Regarding Changes in Other Affiliated Companies” dated 28 May 2026. The specific reason for the change is not explained in the body of the notice.

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 | Kidswell Bio Corporation (4584) timely disclosure | Komori