Worth reading
86Important
Scored from 1 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
21.7
Voting rights ownership ratio (%)Wording
Conditional
How definitive the wording is.Governance structure
Controlling shareholder
TOYOTA MOTOR CORPORATION, Other Affiliated Company, voting rights ownership ratio of 21.7%21.70%Voting rights
direct ownership: 21.7%; aggregated ownership: —
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.
| Item | Details |
|---|---|
| Controlling shareholder | TOYOTA MOTOR CORPORATION, Other Affiliated Company, voting rights ownership ratio of 21.7% (direct ownership: 21.7%; aggregated ownership: —) |
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 disclose the relationship and transaction status with controlling shareholders, etc. The company explained that it faces no business restrictions from TOYOTA MOTOR CORPORATION, but that its high sales ratio means its business performance is dependent on the sales trends of TOYOTA MOTOR CORPORATION and the Toyota Group.
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.