Komori
Governance6524KOHOKU KOGYO CO.,LTD.Electrical Equipment and Precision Instruments

Matters Concerning Controlling Shareholders

Ishii Futoshi (石井 太) was listed as a controlling shareholder, and his voting rights were combined with those of the asset management company and disclosed as 62.07%. In addition, for transactions with controlling shareholders, the company disclosed measures to protect minority shareholders, under which a special committee including independent outside directors considers the rationale for the transaction and the appropriateness of its terms.

Worth reading
92Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
62.07
Percentage of voting rights held (%; aggregated)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Ishii Futoshi42.80%Voting rights

石井 太). Direct ownership: 42.80%; included in combined figure: 19.27%; total: 62.07% (voting rights ownership ratio). The entity included in the combined figure is the asset management company アイエフマネジメント株式会社.

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.

Committee1
Special committee
Governance structure
ItemDetails
CommitteeSpecial committee (composed of independent members, including independent outside directors; percentage of outside members: Not disclosed)
Controlling shareholderIshii Futoshi (石井 太). Direct ownership: 42.80%; included in combined figure: 19.27%; total: 62.07% (voting rights ownership ratio). The entity included in the combined figure is the asset management company アイエフマネジメント株式会社.
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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 consider the rationale for transactions with controlling shareholders and the appropriateness of their terms, and to respond appropriately so as not to prejudice the rights of minority shareholders.

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 | KOHOKU KOGYO CO.,LTD. (6524) timely disclosure | Komori