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Governance6570Kyowa CorporationInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Miyamoto Sanae (宮本 早苗) was listed as the controlling shareholder, with the aggregate voting rights ownership ratio stated as 59.97%. There are no transactions with the controlling shareholder, and the company states that if such transactions are conducted, minority shareholders will be protected through resolutions of the Board of Directors and other measures.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
59.97
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Miyamoto Sanae11.11%Voting rights

宮本 早苗) (controlling shareholder; voting rights ownership ratio: 11.11% held directly, 48.85% included in the aggregate, 59.97% in total

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 shareholderMiyamoto Sanae (宮本 早苗) (controlling shareholder; voting rights ownership ratio: 11.11% held directly, 48.85% included in the aggregate, 59.97% in total)
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.

The company states that transactions with the controlling shareholder will be conducted based on a resolution of the Board of Directors to confirm that they do not impair the soundness of management, are effective in light of rational decision-making, and are conducted on appropriate terms compared with transactions with external parties, thereby protecting 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.
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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 | Kyowa Corporation (6570) timely disclosure | Komori