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Governance7992The Sailor Pen Co.,Ltd.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

PLUS Corporation is the parent company, holding 57.88% of the voting rights in the Company. Transactions with the parent company and measures to protect minority shareholders were disclosed. This document does not indicate any new corporate structure or changes to the governance framework.

Worth reading
50Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
57.88
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
PLUS Corporation, voting rights ratio of 57.88%57.88%Voting rights

direct ownership: 57.88%; aggregate eligible holdings: —; total: 57.88%

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

The document states that, following the exercise of stock acquisition rights in May 2022, PLUS Corporation became the parent company and the largest shareholder among the major shareholders, with a voting rights ratio of 57.88%. Effective 1 May 2025, コーラス株式会社 was absorbed by PLUS Corporation, and the outsourcing of domestic stationery sales operations was transferred to PLUS Corporation.

Governance structure
ItemDetails
Controlling shareholderPLUS Corporation, voting rights ratio of 57.88% (direct ownership: 57.88%; aggregate eligible holdings: —; total: 57.88%)
Changes this timeThe document states that, following the exercise of stock acquisition rights in May 2022, PLUS Corporation became the parent company and the largest shareholder among the major shareholders, with a voting rights ratio of 57.88%. Effective 1 May 2025, コーラス株式会社 was absorbed by PLUS Corporation, and the outsourcing of domestic stationery sales operations was transferred to PLUS Corporation.
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 provide information on the relationships with the parent company and controlling shareholders, the details of transactions, and the status of implementing 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.
Matters Concerning Controlling Shareholders | The Sailor Pen Co.,Ltd. (7992) timely disclosure | Komori