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Governance7347Mercuria Holdings Co.,Ltd.Financials (excluding banks)

Matters Concerning Controlling Shareholders

The company reported that Development Bank of Japan Inc. is an other affiliated company holding 21.18% of the company's voting rights, as well as the concurrent service of officers and the acceptance of secondees. It states that there is no controlling shareholder.

Worth reading
68In focus
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
21.18
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Development Bank of Japan Inc.21.18%Voting rights

other affiliated company), voting rights ownership ratio: 21.18% (direct ownership: 21.18%; aggregated ownership: —). No controlling shareholder.

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 shareholderDevelopment Bank of Japan Inc. (other affiliated company), voting rights ownership ratio: 21.18% (direct ownership: 21.18%; aggregated ownership: —). No controlling shareholder.
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.

The investment by Development Bank of Japan Inc. is intended to facilitate collaboration in areas including growth investments, buyout investments and real estate investments. The concurrent service of a part-time director is intended to strengthen the management structure from both operational and administrative perspectives and obtain advice on overall management based on broad perspectives and experience.

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 | Mercuria Holdings Co.,Ltd. (7347) timely disclosure | Komori