Komori
Governance7063Birdman Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

It disclosed that, as a result of KANDB INVESTMENT L.L.C.'s subscription for a third-party allotment capital increase, KANDB INVESTMENT L.L.C. became our largest shareholder and other affiliated company, holding 23.73% of the voting rights. It also outlined its capital relationship and transactions with the company, as well as measures to ensure independence.

Worth reading
78Important
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
23.73
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
KANDB INVESTMENT L.L.C.23.73%Voting rights

other affiliated company; voting rights ownership ratio: 23.73%

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 directorsTotal: Not disclosed, of whom 3 are outside directors
Committee1
Audit and Supervisory Committee
Changes this time

Through its subscription for the third-party allotment capital increase, KANDB became our largest shareholder, which is also a major shareholder, and other affiliated company.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directorsTotal: Not disclosed, of whom 3 are outside directors
CommitteeAudit and Supervisory Committee (3 outside members; percentage: Not disclosed)
Controlling shareholderKANDB INVESTMENT L.L.C. (other affiliated company; voting rights ownership ratio: 23.73%)
Changes this timeThrough its subscription for the third-party allotment capital increase, KANDB became our largest shareholder, which is also a major shareholder, and other affiliated company.
Items this document does not state (3)
Number of independent officersPolicy 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.

Because KANDB became our affiliated company through the third-party allotment and became our largest shareholder, which is also a major shareholder, and other affiliated company.

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 | Birdman Inc. (7063) timely disclosure | Komori