Komori
Governance6248Yokota Manufacturing Co., Ltd.Machinery

Matters Concerning Controlling Shareholders

General Incorporated Association Yokota was disclosed as one of the Company's other affiliated companies. Yokota is the Company's largest shareholder, holding 32.81% of voting rights, and may have influence over the Company, while the Company states that it can make independent management decisions.

Worth reading
33Immaterial
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
32.81
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
General Incorporated Association Yokota32.81%Voting rights

other affiliated company, voting rights ownership ratio: 32.81%

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 shareholderGeneral Incorporated Association Yokota (other affiliated company, voting rights ownership ratio: 32.81%)
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber 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.

General Incorporated Association Yokota is one of the Company's other affiliated companies and owns 32.81% of the Company's voting rights, meaning it may influence decisions on management policies and other matters. Yokota is a stable shareholder that holds the Company's shares for the long term. There are no noteworthy business transactions between Yokota and the Company, and the Company explains that it can make independent management decisions.

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 | Yokota Manufacturing Co., Ltd. (6248) timely disclosure | Komori