Komori
Governance6180GMO Media,Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

The company regularly reported on the control status of its parent, GMO internet group,Inc., concurrent officer positions, business relationships, measures to ensure independence, and the implementation status of measures to protect minority shareholders. No specific changes from the previous report were disclosed.

Worth reading
65In focus
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
GMO internet group,Inc.63.06%Voting rights

parent company; voting rights ownership ratio: 63.06%

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 directors10 directors (of whom the number of outside directors is Not disclosed)
Committee1
Audit and Supervisory Committee (the percentage of outside committee members was not disclosed). The Nomination and Compensation Committee was not disclosed.
Changes this time

Changes from the previous report: Not disclosed

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directors10 directors (of whom the number of outside directors is Not disclosed)
CommitteeAudit and Supervisory Committee (the percentage of outside committee members was not disclosed). The Nomination and Compensation Committee was not disclosed.
Controlling shareholderGMO internet group,Inc. (parent company; voting rights ownership ratio: 63.06%)
Changes this timeChanges from the previous report: Not disclosed
Items this document does not state (3)
Number of independent officersPolicy 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 provide information on matters concerning controlling shareholders, etc., and to ensure economic rationality in transactions with the parent company and prevent the undue impairment of minority shareholders’ rights.

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 | GMO Media,Inc. (6180) timely disclosure | Komori