Komori
Governance8014CHORI CO.,LTD.Trading & Wholesale

Matters Concerning Controlling Shareholders

TORAY INDUSTRIES,INC. holds 52.41% of the voting rights as the parent company. The company reported on transactions with its parent company and the operation of measures to protect minority shareholders. Transactions with the parent company are reviewed periodically by the Governance Committee, and the company has stated its policy of establishing a Special Committee for material conflict-of-interest transactions.

Worth reading
100Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
52.41
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
TORAY INDUSTRIES,INC.52.41%Voting rights

parent company, holding 52.41% of the voting rights, listed on the Tokyo Stock Exchange Prime Market

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.

Committee2
Governance Committee (chaired by an independent outside director)Special Committee (composed solely of independent outside directors and external experts when necessary)
Governance structure
ItemDetails
CommitteeGovernance Committee (chaired by an independent outside director), Special Committee (composed solely of independent outside directors and external experts when necessary)
Controlling shareholderTORAY INDUSTRIES,INC. (parent company, holding 52.41% of the voting rights, listed on the Tokyo Stock Exchange Prime Market)
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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.

The company aims to create synergies by combining the Toray Group's information-gathering and sales capabilities with its materials development capabilities, thereby increasing the corporate value of both companies. It also benefits from the parent company's group expertise in market trends and the business environment, as well as enhanced creditworthiness.

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 | CHORI CO.,LTD. (8014) timely disclosure | Komori