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Governance4626TAIYO HOLDINGS CO.,LTD.Materials and Chemicals

Matters Concerning Controlling Shareholders

The company disclosed that DIC Corporation is an other affiliated company holding 20.03% of the company's voting rights, and that the company is DIC Corporation's equity-method affiliate. Transactions in raw materials with DIC Corporation account for 1.30% of the total, and the company explained that it operates its business under an independent management structure.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
20.03
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
DIC Corporation20.03%Voting rights

other affiliated company), voting rights ownership ratio: 20.03% (direct ownership: 20.03%; no amount included in the aggregate

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 shareholderDIC Corporation (other affiliated company), voting rights ownership ratio: 20.03% (direct ownership: 20.03%; no amount included in the aggregate)
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.

DIC Corporation holds 20.03% of the voting rights, making the company its equity-method affiliate. Regarding transactions, the company explained that it thoroughly examines their rationality, terms and the appropriateness of its decision-making policy, and that their impact on the overall business foundation and the company's independence is not significant.

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 | TAIYO HOLDINGS CO.,LTD. (4626) timely disclosure | Komori