Worth reading
46Recurring
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Governance structure
Controlling shareholder
JFE Holdings, Inc.30.00%Voting rights
30.0% included in aggregate holdings) and JFE Steel Corporation (29.9% direct ownership, 0.1% included in aggregate holdings, 30.0% in total). Both are classified as other affiliated companies.
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 directors6 directors (including 1 outside director)
| Item | Details |
|---|---|
| Number of directors | 6 directors (including 1 outside director) |
| Controlling shareholder | JFE Holdings, Inc. (30.0% included in aggregate holdings) and JFE Steel Corporation (29.9% direct ownership, 0.1% included in aggregate holdings, 30.0% in total). Both are classified as other affiliated companies. |
Items this document does not state (6)
Corporate Governance StructureNumber 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 explain to investors the Company’s relationships with its controlling shareholders and their impact on the Company’s management and business activities.
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.