Komori
Governance6330TOYO ENGINEERING CORPORATIONConstruction and Materials

Independent Officer Notification Form

The Independent Officers Notification Form was filed in connection with the submission of an agenda item to appoint outside officers at the shareholders meeting. A total of 5 officers, comprising 3 outside directors and 2 outside Audit & Supervisory Board members, have been reported as independent officers. The attributes of Matsuo Hideki (松尾英喜) have been corrected and changed.

Worth reading
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Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
5
Independent officers (3 outside directors and 2 outside corporate auditors)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
As of the filing date, no controlling shareholder or parent company is stated. Mitsui Chemicals,Inc. did not qualify as a major shareholder as of the filing date. The voting rights ratio is not stated.

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 independent officers5Number

This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.

Changes this time

The filing was made because an agenda item to appoint outside officers will be submitted to the shareholders meeting. The filing states that the information concerning Matsuo Hideki (松尾英喜) has been “corrected and changed.”

Governance structure
ItemDetails
Number of independent officers5
Controlling shareholderAs of the filing date, no controlling shareholder or parent company is stated. Mitsui Chemicals,Inc. did not qualify as a major shareholder as of the filing date. The voting rights ratio is not stated.
Changes this timeThe filing was made because an agenda item to appoint outside officers will be submitted to the shareholders meeting. The filing states that the information concerning Matsuo Hideki (松尾英喜) has been “corrected and changed.”
Items this document does not state (5)
Corporate Governance StructureNumber of directorsCommitteePolicy 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.

Because an agenda item to appoint outside officers will be submitted to the shareholders meeting.

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.
Independent Officer Notification Form | TOYO ENGINEERING CORPORATION (6330) timely disclosure | Komori