Komori
Governance5697SANYU CO.,LTD.Iron & Steel, Nonferrous Metals

Matters Concerning Controlling Shareholders

The filing reports that NIPPON STEEL CORPORATION is an other affiliated company holding 38.63% of the Company's voting rights, and reports the details of transactions with the NIPPON STEEL CORPORATION Group and the status of implementation of measures to protect minority shareholders. No specific changes from the previous report are stated.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
38.63
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
NIPPON STEEL CORPORATION38.63%Voting rights

other affiliated company), voting rights ownership ratio: 38.63% (direct: 33.67%, indirect: 4.96%

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.

Changes this time

No changes from the previous report are described.

Governance structure
ItemDetails
Controlling shareholderNIPPON STEEL CORPORATION (other affiliated company), voting rights ownership ratio: 38.63% (direct: 33.67%, indirect: 4.96%)
Changes this timeNo changes from the previous report are described.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

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 disclose the relationship with the controlling shareholder, etc., transaction details, and the status of implementation of measures to protect minority shareholders. The Company explains that transactions with NIPPON STEEL CORPORATION are determined reasonably, based on objective information such as market information, under conditions equivalent to general transaction conditions.

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 | SANYU CO.,LTD. (5697) timely disclosure | Komori