Komori
Governance7064Howtelevision,Inc.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed the voting rights ownership ratio of Otonari Yosuke (音成 洋介) as a controlling shareholder other than the parent company. The company has no transactions with controlling shareholders and, in principle, will not conduct such transactions in the future. It also disclosed the review procedures that apply if an exceptional transaction is conducted.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
59.17
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Otonari Yosuke49.31%Voting rights

音成 洋介) (controlling shareholder other than the parent company), voting rights ownership ratio: direct ownership 49.31%, ownership subject to aggregation 9.86%, total 59.17%

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 shareholderOtonari Yosuke (音成 洋介) (controlling shareholder other than the parent company), voting rights ownership ratio: direct ownership 49.31%, ownership subject to aggregation 9.86%, total 59.17%
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.

To carefully assess the rationale of and appropriateness of the terms for any transaction with a controlling shareholder, ensure the fairness of the transaction by obtaining a resolution of the Board of Directors, and protect 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 | Howtelevision,Inc. (7064) timely disclosure | Komori