Worth reading
62In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
51
Voting rights ownership ratio (%)Wording
Definitive
How definitive the wording is.Governance structure
Company with an Audit and Supervisory CommitteeControlling shareholder
House Foods Group Inc.51.00%Voting rights
parent company, 51.0% voting rights ownership ratio
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.
Committee1
Special Committee
Percentage of outside members 100% outside members, comprising 4 independent outside directors| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Special Committee (100% outside members, comprising 4 independent outside directors) |
| Controlling shareholder | House Foods Group Inc. (parent company, 51.0% voting rights ownership ratio) |
Items this document does not state (5)
Number of directorsNumber of independent officersPolicy 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 explain the Company's position within the parent company's group and the appropriate procedures for material transactions and actions involving conflicts of interest with 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.