Worth reading
70In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
57.72
Voting rights ownership (%)Wording
Definitive
How definitive the wording is.Governance structure
Controlling shareholder
TEIJIN LIMITED, voting rights ownership ratio of 57.72%57.72%Voting rights
direct 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.
Number of directors6 directors, including 2 outside directors (2 independent outside directors)
Number of independent officers2Number
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
Committee2
Special Committeewith outside members accounting for 75% (3 of 4 members)
| Item | Details |
|---|---|
| Number of directors | 6 directors, including 2 outside directors (2 independent outside directors) |
| Number of independent officers | 2 |
| Committee | Special Committee, with outside members accounting for 75% (3 of 4 members) |
| Controlling shareholder | TEIJIN LIMITED, voting rights ownership ratio of 57.72% (direct ownership) |
Items this document does not state (4)
Corporate Governance StructurePolicy 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 inform investors about the relationship and transactions with the controlling shareholder and the implementation status of measures to protect 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.