Komori
Governance7236T.RAD Co., Ltd.Automobiles and transportation equipment

Matters Concerning Controlling Shareholders

Disclosed that 株式会社陣屋コネクト is the largest shareholder, directly holding 39.0% of voting rights, and that 株式会社陣屋, its parent company, indirectly holds 39.0%. The disclosure also describes procedures for related-party transactions, including approval by the Board of Directors and obtaining an opinion letter from a real estate appraisal company.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
39
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
株式会社陣屋コネクト39.00%Voting rights

other affiliated company and largest shareholder among major shareholders, 39.0% voting rights ownership, direct ownership); 株式会社陣屋 (parent company of 株式会社陣屋コネクト, 39.0% voting rights ownership, included on an aggregated basis

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株式会社陣屋コネクト (other affiliated company and largest shareholder among major shareholders, 39.0% voting rights ownership, direct ownership); 株式会社陣屋 (parent company of 株式会社陣屋コネクト, 39.0% voting rights ownership, included on an aggregated basis)
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.

株式会社陣屋コネクト is the largest shareholder directly holding shares in the Company and has business transactions with the Company's consolidated subsidiary. The Company explains that the two companies operate in different business areas, that there are no circumstances preventing the Company from making independent management decisions or imposing business constraints, and that its independence is 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 | T.RAD Co., Ltd. (7236) timely disclosure | Komori