Komori
Governance4736Nippon RAD Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed that Advantech Co.,Ltd. holds a total of 19.02% of the voting rights as the Company's other affiliated company. The two companies conduct business transactions, including purchases for the IoT business, under terms equivalent to those applicable to general transactions.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
19.02
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Advantech Co.,Ltd.19.02%Voting rights

other affiliated company; voting rights ownership ratio: 19.02%; direct ownership: 16.10%; aggregated portion: 2.92%; listed on the Taiwan Stock Exchange

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 shareholderAdvantech Co.,Ltd. (other affiliated company; voting rights ownership ratio: 19.02%; direct ownership: 16.10%; aggregated portion: 2.92%; listed on the Taiwan Stock Exchange)
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.

Advantech Co.,Ltd. is the Company's largest shareholder, and the Company conducts business transactions with it, including purchases of products handled in the IoT business, while 1 director concurrently serves at both companies. The Company explained that it faces no business constraints, makes management decisions independently, and maintains a certain degree of independence.

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 | Nippon RAD Inc. (4736) timely disclosure | Komori