Komori
Governance5344MARUWA CO.,LTD.Construction and Materials

Matters Concerning Controlling Shareholders

株式会社神戸アート was disclosed as an other affiliated company, and its ownership of 29.57% of the voting rights was reported. The company explained that there are no business transactions with 株式会社神戸アート and that independence is ensured through a seven-member board of directors, including 3 independent outside directors.

Worth reading
79Important
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
29.57
Voting rights ownership (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
株式会社神戸アート, voting rights ownership ratio 29.57%29.57%Voting rights

direct ownership: 29.57%; amount included in aggregated ownership: —; unlisted

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 directors7 directors (including 3 outside directors)
Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directors7 directors (including 3 outside directors)
Controlling shareholder株式会社神戸アート, voting rights ownership ratio 29.57% (direct ownership: 29.57%; amount included in aggregated ownership: —; unlisted)
Items this document does not state (5)
Number 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.

Because 株式会社神戸アート holds 29.57% of the voting rights in the company. The company explained that it has no business relationship with 株式会社神戸アート and that the existence of interlocking directors does not impede management independence.

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 | MARUWA CO.,LTD. (5344) timely disclosure | Komori