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Governance7781HIRAYAMA HOLDINGS Co.,Ltd.Electrical Equipment and Precision Instruments

Matters Concerning Controlling Shareholders

Hirayama Zenichi (平山 善一) and Hirayama Keichi (平山 惠一) are listed as controlling shareholders, with their respective voting rights ownership ratios shown. There are no transactions with the controlling shareholders, and the policy for protecting minority shareholders if such transactions are conducted is also disclosed.

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Governance structure

Controlling shareholder
Hirayama Zenichi11.88%Voting rights

平山 善一) (direct ownership: 11.88%; holdings included in the aggregate: 52.75%; total: 64.63%), Hirayama Keichi (平山 惠一) (direct ownership: 12.46%; holdings included in the aggregate: 51.69%; total: 64.16%

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 shareholderHirayama Zenichi (平山 善一) (direct ownership: 11.88%; holdings included in the aggregate: 52.75%; total: 64.63%), Hirayama Keichi (平山 惠一) (direct ownership: 12.46%; holdings included in the aggregate: 51.69%; total: 64.16%)
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 provide information on matters concerning controlling shareholders, etc.

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Matters Concerning Controlling Shareholders | HIRAYAMA HOLDINGS Co.,Ltd. (7781) timely disclosure | Komori