Worth reading
45Recurring
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
Company with an Audit and Supervisory CommitteeControlling shareholder
No controlling shareholder or parent company is listed. Other affiliated companies are ITOCHU MARUBENI IRON & STEEL CO., LTD.21.10%Voting rights
21.10% of voting rights) and Kobe Steel,Ltd. (17.43% of voting rights).
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 directors7 directors (including 3 outside directors)
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 7 directors (including 3 outside directors) |
| Controlling shareholder | No controlling shareholder or parent company is listed. Other affiliated companies are ITOCHU MARUBENI IRON & STEEL CO., LTD. (21.10% of voting rights) and Kobe Steel,Ltd. (17.43% of voting rights). |
Items this document does not state (5)
Number 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 disclose the capital, business and personnel relationships with controlling shareholders, etc., as well as the status of measures to ensure independence. ITOCHU MARUBENI IRON & STEEL CO., LTD. has the greatest influence because it is the Company's largest shareholder.
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.