Worth reading
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Scored from 0 of 5 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
4
¥100 million (carrying amount of shares in affiliates)Wording
Avoiding a definitive answer
How definitive the wording is.Governance structure
Committee1
Board Audit Committee
Changes this time
The company states that, to strengthen the audit and information-gathering functions for its overseas equity-method affiliates, its Representative Director and CEO and other officers concurrently served as directors of GL and its subsidiaries, and that GL's Board Audit Committee was revamped in April 2021.
| Item | Details |
|---|---|
| Committee | Board Audit Committee (percentage of outside members: not disclosed) |
| Changes this time | The company states that, to strengthen the audit and information-gathering functions for its overseas equity-method affiliates, its Representative Director and CEO and other officers concurrently served as directors of GL and its subsidiaries, and that GL's Board Audit Committee was revamped in April 2021. |
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder
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 company has been unable to identify the basis for the Thai SEC's findings regarding the GLH financing transaction, and the Thai authorities' investigation and GL's audit have not yet been completed, so it remains unable to obtain the necessary information.
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.