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Governance6379RAIZNEXT CorporationConstruction and Materials

Matters Concerning Controlling Shareholders

ENEOS Holdings, Inc. and HIKARI TSUSHIN,INC. were identified as "other affiliated companies" with influence over the Company, and their voting rights ratios, business transactions and personnel relationships were disclosed. Although the scale of transactions with the ENEOS Group is substantial, the Company explained that neither company imposes business restrictions and that its independence is assured.

Worth reading
81Important
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
40
Ratio of sales to the ENEOS Group to completed construction revenue (net sales) (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
ENEOS Holdings, Inc.28.77%Voting rights

28.77% voting rights ownership), HIKARI TSUSHIN,INC. (21.19% indirectly owned and included on an aggregate basis

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 Not disclosed are outside directors)
Changes this time

No changes from the previous report are described.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directors10 directors (of whom Not disclosed are outside directors)
Controlling shareholderENEOS Holdings, Inc. (28.77% voting rights ownership), HIKARI TSUSHIN,INC. (21.19% indirectly owned and included on an aggregate basis)
Changes this timeNo changes from the previous report are described.
Items this document does not state (4)
Number of independent officersCommitteePolicy 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.

Transactions with the ENEOS Group account for approximately 40% of the Company's group completed construction revenue (net sales), and are therefore considered to have the greatest impact on business operations.

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 | RAIZNEXT Corporation (6379) timely disclosure | Komori