Komori
Governance7134UP GARAGE GROUP Co.,Ltd.Retail

Matters Concerning Controlling Shareholders

The company disclosed the voting rights ownership ratio of 株式会社Ｅ＆Ｅ as the controlling shareholder, its relationship with the company, and procedures for protecting minority shareholders. The company’s policy is, in principle, not to conduct transactions with the controlling shareholder. If such a transaction is unavoidable, it will be deliberated at a meeting of the Board of Directors attended by outside directors and outside corporate auditors.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
71.52
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社Ｅ＆Ｅ, voting rights ownership ratio 71.52%71.52%Voting rights

direct ownership: 71.52%; amount subject to aggregation: 0.00%; total: 71.52%

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 shareholder株式会社Ｅ＆Ｅ, voting rights ownership ratio 71.52% (direct ownership: 71.52%; amount subject to aggregation: 0.00%; total: 71.52%)
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.

株式会社Ｅ＆Ｅ is an asset management company for the company’s officers, but has no connection with the business of the company’s group. As there are no circumstances in which the company’s management policies would be influenced by the intentions of the parent company or other related parties, the company believes that its independence is sufficiently ensured.

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 | UP GARAGE GROUP Co.,Ltd. (7134) timely disclosure | Komori