Komori
Governance5078CEL CorporationConstruction and Materials

Matters Concerning Controlling Shareholders

株式会社ジェイコーポレーション was identified as a controlling shareholder other than the parent company, and its voting rights ownership ratio was disclosed separately for directly owned shares and shares subject to aggregation. There were no transactions with the controlling shareholder, and the policy for protecting minority shareholders in the event that transactions are conducted was also explained.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
60.71
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社ジェイコーポレーション, voting rights ownership ratio57.88%Voting rights

57.88% directly owned, 2.83% subject to aggregation, 60.71% in total

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 shareholder株式会社ジェイコーポレーション, voting rights ownership ratio (57.88% directly owned, 2.83% subject to aggregation, 60.71% in total)
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.

The policy is, in principle, not to conduct transactions with the controlling shareholder. If a transaction becomes unavoidable, the Company will confirm the soundness of management, the effectiveness of the transaction and the appropriateness of its terms, comply with applicable laws and regulations so that minority shareholders are not disadvantaged, and, in principle, obtain approval from the Board of Directors.

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 | CEL Corporation (5078) timely disclosure | Komori