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Governance4777GALA INCORPORATEDInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed Megazone Cloud Corporation's voting rights ownership percentage and its personnel and business relationships with the parent company group. Megazone Cloud Corporation effectively holds 52.26% of the voting rights in the Company, combining its direct holdings and voting rights delegated to it.

Worth reading
50Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
52.26
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Megazone Cloud Corporation36.04%Voting rights

parent company): 36.04% held directly, 16.22% included in the aggregate, for a total of 52.26%. Megazone Corporation is also listed as a parent company, but its voting rights ownership percentage is stated as "—".

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 directors14 directors, of whom the number of outside directors is not disclosed
Governance structure
ItemDetails
Number of directors14 directors, of whom the number of outside directors is not disclosed
Controlling shareholderMegazone Cloud Corporation (parent company): 36.04% held directly, 16.22% included in the aggregate, for a total of 52.26%. Megazone Corporation is also listed as a parent company, but its voting rights ownership percentage is stated as "—".
Items this document does not state (6)
Corporate Governance StructureNumber 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 disclose matters concerning the parent company, etc. To obtain appropriate opinions and advice from the parent company, etc., 8 of the Company's directors concurrently hold positions at the parent company, etc.

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 | GALA INCORPORATED (4777) timely disclosure | Komori