Komori
Governance7887NANKAI PLYWOOD CO.,LTD.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed that 南海興産株式会社 is an “other affiliated company” holding 24.89% of the voting rights in the Company, and disclosed the capital relationship and real estate leasing relationship with the Company. The Company explained that there are no business restrictions and that an independent decision-making structure has been secured.

Worth reading
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Scored from 0 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
24.89
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
南海興産株式会社24.89%Voting rights

other affiliated company), voting rights ownership ratio: 24.89%. No statement that it is the parent company or 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.

Number of directors1 outside director (total: Not disclosed)
Governance structure
ItemDetails
Number of directors1 outside director (total: Not disclosed)
Controlling shareholder南海興産株式会社 (other affiliated company), voting rights ownership ratio: 24.89%. No statement that it is the parent company or controlling shareholder.
Items this document does not state (6)
Corporate Governance StructureNumber 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.

Because 南海興産株式会社 qualifies as an other affiliated company of the Company, the Company disclosed the relationship, business restrictions, and status of measures to ensure independence.

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 | NANKAI PLYWOOD CO.,LTD. (7887) timely disclosure | Komori