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Governance4772SM ENTERTAINMENT JAPAN Co.,Ltd.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

The company reported on the composition of the parent company and controlling shareholder, its relationship with the parent group, transaction details and measures to protect minority shareholders. No changes are planned to its future position within the corporate group or its relationship with the parent company.

Worth reading
71In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社エスエム・エンタテインメント・ジャパン66.10%Voting rights

直接保有、議決権比率66.1%)、株式会社エスエム・エンタテインメント(間接保有、議決権比率73.2%)、株式会社カカオ(間接保有、議決権比率73.2%

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.

Number of directors取締役の総数はNot disclosed、うち社外はNot disclosed
Changes this time

親会社は3社となったが、将来的な企業グループにおける位置付けその他親会社等との関係に変更の予定はない。その他の前回からの変更点はNot disclosed

Governance structure
ItemDetails
Number of directors取締役の総数はNot disclosed、うち社外はNot disclosed
Controlling shareholder株式会社エスエム・エンタテインメント・ジャパン(直接保有、議決権比率66.1%)、株式会社エスエム・エンタテインメント(間接保有、議決権比率73.2%)、株式会社カカオ(間接保有、議決権比率73.2%)
Changes this time親会社は3社となったが、将来的な企業グループにおける位置付けその他親会社等との関係に変更の予定はない。その他の前回からの変更点はNot disclosed
Items this document does not state (5)
Corporate Governance StructureNumber 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.

支配株主等に関する事項を開示するため。将来の関係変更がない理由や追加の変更理由は記載されていない。

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 | SM ENTERTAINMENT JAPAN Co.,Ltd. (4772) timely disclosure | Komori