Komori
Governance5888DAIWA CYCLE CO.,LTD.Retail

Matters Concerning Controlling Shareholders

Wakumoto Yoshio (涌本宜央), Representative Director and President, and 株式会社WAKUMOTO, an asset management company, were listed as controlling shareholders. There were no transactions with the controlling shareholders, and procedures to protect minority shareholders in the event of future transactions were also disclosed.

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Governance structure

Controlling shareholder
涌本宜央14.64%Voting rights

直接所有分14.64%、合算対象分51.25%、計65.89%)、株式会社WAKUMOTO(直接所有分51.25%、計51.25%

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涌本宜央(直接所有分14.64%、合算対象分51.25%、計65.89%)、株式会社WAKUMOTO(直接所有分51.25%、計51.25%)
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesChanges this time

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To provide information on matters concerning controlling shareholders, etc.

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Matters Concerning Controlling Shareholders | DAIWA CYCLE CO.,LTD. (5888) timely disclosure | Komori