Komori
Governance5105Toyo Tire CorporationAutomobiles and transportation equipment

Matters Concerning Controlling Shareholders

Disclosed that Mitsubishi Corporation is an other affiliated company with a 20% voting rights ownership ratio, as well as the relationship with the company and its approach to independence. The company stated that there are no material transactions.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
20
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Mitsubishi Corporation20.00%Voting rights

other affiliated company, 20% voting rights ownership ratio; 20% held directly and 0% included in the aggregate

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.

Changes this time

Disclosed matters concerning controlling shareholders, etc. Mitsubishi Corporation is an other affiliated company that owns 20% of the company's voting rights, and the company is an equity-method affiliate of Mitsubishi Corporation. The disclosure also describes the capital and business alliance, personnel ties and independence.

Governance structure
ItemDetails
Controlling shareholderMitsubishi Corporation (other affiliated company, 20% voting rights ownership ratio; 20% held directly and 0% included in the aggregate)
Changes this timeDisclosed matters concerning controlling shareholders, etc. Mitsubishi Corporation is an other affiliated company that owns 20% of the company's voting rights, and the company is an equity-method affiliate of Mitsubishi Corporation. The disclosure also describes the capital and business alliance, personnel ties and independence.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber 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.

Because the company is working to strengthen its sales capabilities, technical capabilities, resources and cooperative framework, and maximize synergies, based on its capital and business alliance with Mitsubishi Corporation.

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 | Toyo Tire Corporation (5105) timely disclosure | Komori