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Governance7966LINTEC CorporationInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Reported that Nippon Paper Industries Co.,Ltd. is an other affiliated company holding 30.9% of the voting rights, as well as the transactions and officer relationships with the company. The document does not state that the corporate governance structure or policies were newly changed this time.

Worth reading
59In focus
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
30.9
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Nippon Paper Industries Co.,Ltd.30.90%Voting rights

other affiliated company, voting rights ownership ratio: 30.9%; directly owned: 30.0%; included in aggregate: 0.9%

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.

Changes this time

No changes are stated

Governance structure
ItemDetails
Controlling shareholderNippon Paper Industries Co.,Ltd. (other affiliated company, voting rights ownership ratio: 30.9%; directly owned: 30.0%; included in aggregate: 0.9%)
Changes this timeNo changes are stated
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

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 disclose the relationship qualifying as that of a controlling shareholder, etc., and the status of transactions. The company states that it is not subject to any restrictions on its business activities or receiving economic support from Nippon Paper Industries Co.,Ltd., and recognizes that its management independence is ensured.

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 | LINTEC Corporation (7966) timely disclosure | Komori