Governance structure
voting rights ownership ratio: 17.18%, indirect ownership) and Eaton Corporation (voting rights ownership ratio: 17.18%, direct ownership). Eaton Corporation plc is listed on the New York 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.
No changes from the previous report are stated.
| Item | Details |
|---|---|
| Controlling shareholder | Eaton Corporation plc (voting rights ownership ratio: 17.18%, indirect ownership) and Eaton Corporation (voting rights ownership ratio: 17.18%, direct ownership). Eaton Corporation plc is listed on the New York Stock Exchange. |
| Changes this time | No changes from the previous report are stated. |
Items this document does not state (6)
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.Eaton Corporation plc is a higher-tier parent company of Eaton Corporation, the Company's largest shareholder, and indirectly owns 17.18% of the Company's voting rights. The Company explains that it conducts its business independently and autonomously while maintaining ongoing, close cooperative relationships with both companies, is not subject to business-related restrictions, and has secured its independence.