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Governance5273MITANI SEKISAN CO.,LTD.Construction and Materials

Matters Concerning Controlling Shareholders

Disclosed MITANI CORPORATION as an “Other affiliated company,” stating that it holds a total of 18.60% of the voting rights in the Company and describing its business relationship and shared-officer relationship with the Company.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
18.6
Voting rights ownership ratio (total, %)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
MITANI CORPORATION10.41%Voting rights

Other affiliated company; voting rights ownership ratio: 10.41% direct, 8.19% included in the combined total, 18.60% 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 shareholderMITANI CORPORATION (Other affiliated company; voting rights ownership ratio: 10.41% direct, 8.19% included in the combined total, 18.60% 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 Company is an equity-method affiliate of MITANI CORPORATION, but operates its business independently and has maintained its independence. Shared officers are appointed to obtain appropriate advice from the perspective of experienced managers.

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 | MITANI SEKISAN CO.,LTD. (5273) timely disclosure | Komori