Governance structure
other affiliated company), percentage of voting rights held: 26.7% directly, 28.1% in total. NIPPON STEEL CORPORATION is a listed company.
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.
Reported the percentage of voting rights held by NIPPON STEEL CORPORATION, its relationship with the Company, the concurrent service status of officers, and transaction status as matters concerning controlling shareholders, etc. No changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | NIPPON STEEL CORPORATION (other affiliated company), percentage of voting rights held: 26.7% directly, 28.1% in total. NIPPON STEEL CORPORATION is a listed company. |
| Changes this time | Reported the percentage of voting rights held by NIPPON STEEL CORPORATION, its relationship with the Company, the concurrent service status of officers, and transaction status as matters concerning controlling shareholders, etc. No changes from the previous report were stated. |
Items this document does not state (6)
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.NIPPON STEEL CORPORATION states that its purpose in holding the shares is to contribute to its consolidated profits, and that the Company's part-time corporate auditor was appointed to apply extensive knowledge and experience in the steel industry to the Company's audit system.