Komori
Governance5582GRID Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

It disclosed that 株式会社Ｗｅ is a controlling shareholder but not a parent company, holding 54.41% of the voting rights. There are no transactions with the controlling shareholder, and the approval and review procedures for any exceptional transactions were also outlined.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
54.41
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社Ｗｅ, voting rights ownership ratio 54.41%54.41%Voting rights

direct ownership 54.41%, aggregated ownership 0.00%

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 shareholder株式会社Ｗｅ, voting rights ownership ratio 54.41% (direct ownership 54.41%, aggregated ownership 0.00%)
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.

To provide information on matters concerning controlling shareholders, etc. To protect minority shareholders, the company’s policy is not to engage in transactions with the controlling shareholder in principle. If an exceptional transaction is undertaken, the company will confirm its necessity and reasonableness, as well as the appropriateness of its terms, and obtain approval from the Board of Directors.

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 | GRID Inc. (5582) timely disclosure | Komori