Komori
Governance6470TAIHO KOGYO CO.,LTD.Machinery

Matters Concerning Controlling Shareholders

Reported that TOYOTA MOTOR CORPORATION is an Other Affiliated Company holding 34.1% of the voting rights in the Company, as well as the Company’s transactions and personnel relationships with the TOYOTA MOTOR CORPORATION Group and its independence status. This is an annual disclosure of relationship-related matters, not a change to the corporate governance structure or policy.

Worth reading
63In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
34.1
Voting rights ownership (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
TOYOTA MOTOR CORPORATION34.10%Voting rights

Other Affiliated Company), voting rights ownership percentage of 34.1% (direct ownership: 34.1%; ownership included in the aggregate: 0.0%; total: 34.1%

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.

Changes this time

Reported the annual matters concerning controlling shareholders, etc. No specific changes from the previous report were stated.

Governance structure
ItemDetails
Controlling shareholderTOYOTA MOTOR CORPORATION (Other Affiliated Company), voting rights ownership percentage of 34.1% (direct ownership: 34.1%; ownership included in the aggregate: 0.0%; total: 34.1%)
Changes this timeReported the annual matters concerning controlling shareholders, etc. No specific changes from the previous report were stated.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber 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.

To disclose capital, business and personnel relationships with controlling shareholders, etc., business constraints and risks, the status of ensuring independence, and transaction details.

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 | TAIHO KOGYO CO.,LTD. (6470) timely disclosure | Komori