Presence of a Controlling Shareholder and Protection of Minority Shareholders
First written in FY2018. 4 of 7 entries say "Worsened", first in FY2021. Latest entry: FY2024.
Shobido moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
2 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 60.34% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account.」
The shareholding ratio qualifying as that of a controlling shareholder increased from 60.32% in the previous fiscal year to 60.34%. - FY2023WorsenedAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 60.32% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account.」
The shareholding ratio qualifying as that of a controlling shareholder increased from 60.28% in the previous fiscal year to 60.32%. There were no transactions with the controlling shareholder or related parties, and the Audit and Supervisory Committee's policy of auditing and supervising from the perspective of protecting minority shareholders has been continued. - FY2022WorsenedAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 60.28% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account.」
The shareholding ratio qualifying as that of a controlling shareholder increased from 60.25% in the previous fiscal year to 60.28%. There were no transactions with the controlling shareholder, and the policy of having the Audit and Supervisory Committee conduct audits and supervision from the perspective of protecting minority shareholders has been continued. - FY2021WorsenedAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 60.25% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account.」
The shareholding ratio qualifying as that of a controlling shareholder increased from 59.32% to 60.25%. - FY2020Increase in the controlling shareholder's shareholding ratioAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 59.32% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account.」
The shareholding ratio qualifying as that of a controlling shareholder increased from 58.16% in the previous fiscal year to 59.32%. There were no transactions with the controlling shareholder or related parties, and the Audit and Supervisory Committee's policy of auditing and supervising from the perspective of protecting minority shareholders has been continued. - FY2019Increase in the controlling shareholder's shareholding ratioAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 58.16% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account.」
The shareholding ratio qualifying as that of a controlling shareholder increased from 57.27% in the previous fiscal year to 58.16%. There were no transactions with the controlling shareholder or related parties, and the policy of having the Audit and Supervisory Committee conduct audits and supervision from the perspective of protecting minority shareholders has been continued. - FY2018First statedAnnual report
「Masahide Terada (寺田正秀), the Company's Representative Director and President, qualifies as a controlling shareholder because his shareholding ratio is 57.27% when combined with the shares held by relatives within two degrees of kinship and by corporations in which he personally holds more than half of the voting rights for his own account. As of the filing date, there were no transactions between the Company and the controlling shareholder or his close relatives, and none are planned in the future. In addition, business operations are conducted in accordance with the Rules of Authority and other relevant regulations, while the Audit and Supervisory Committee conducts audits and supervision from the perspective of protecting minority shareholders.」
This is the first individual disclosure that the Representative Director and President qualifies as a controlling shareholder with a 57.27% shareholding ratio, that no transactions are conducted with the controlling shareholder or related parties, and that the Audit and Supervisory Committee conducts audits and supervision from the perspective of protecting minority shareholders.