Komori
Governance8081KANADEN CORPORATIONTrading & Wholesale

Matters Concerning Controlling Shareholders

Mitsubishi Electric Corporation was disclosed as an other affiliated company, together with its voting rights ownership ratio, business relationships and the status of measures to ensure independence. No new corporate governance structure or changes in the composition of officers were described.

Worth reading
68In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
21.21
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Mitsubishi Electric Corporation21.21%Voting rights

other affiliated company; voting rights ownership ratio: 21.21%; direct ownership: 21.21%, included in aggregate: 0.00%; 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.

Changes this time

No changes from the previous report are stated.

Governance structure
ItemDetails
Controlling shareholderMitsubishi Electric Corporation (other affiliated company; voting rights ownership ratio: 21.21%; direct ownership: 21.21%, included in aggregate: 0.00%; listed on the Tokyo Stock Exchange Prime Market)
Changes this timeNo changes from the previous report 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.

As Mitsubishi Electric Corporation qualifies as an other affiliated company of the Company, the Company is disclosing its relationship with controlling shareholders, etc., its transactions and the 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 | KANADEN CORPORATION (8081) timely disclosure | Komori