Komori
Governance6366Chiyoda CorporationConstruction and Materials

Matters Concerning Controlling Shareholders

Disclosed that Mitsubishi Corporation is the largest shareholder, holding 33.46% of the Company's voting rights, as well as the Company's relationship with Mitsubishi Corporation, including its capital and business alliance, transactions and concurrent service by officers, and measures to ensure the Company's independence.

Worth reading
34Immaterial
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
33.46
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Mitsubishi Corporation, voting rights ownership ratio: 33.46%33.46%Voting rights

direct ownership: 33.46%; portion included in aggregate: 0.00%; listed on the Prime Market of the Tokyo Stock Exchange

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 shareholderMitsubishi Corporation, voting rights ownership ratio: 33.46% (direct ownership: 33.46%; portion included in aggregate: 0.00%; listed on the Prime Market of the Tokyo Stock Exchange)
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.

To disclose the Company's relationship with its controlling shareholder, business benefits, the status of measures to ensure independence, and transaction relationships.

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 | Chiyoda Corporation (6366) timely disclosure | Komori