Komori
Governance8181Totenko Co.,Ltd.Retail

Matters Concerning Controlling Shareholders

The company disclosed that 小泉グループ株式会社 is an other affiliated company holding 32.7% of the company’s voting rights, as well as its relationship with the company. It explained that there are no business transactions or constraints between the companies and that it operates based on its own independent management decisions.

Worth reading
45Recurring
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
32.7
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
小泉グループ株式会社32.70%Voting rights

other affiliated company), voting rights ownership ratio of 32.7% (30.2% directly owned and 2.5% included on an aggregated basis

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.

Governance structure
ItemDetails
Controlling shareholder小泉グループ株式会社 (other affiliated company), voting rights ownership ratio of 32.7% (30.2% directly owned and 2.5% included on an aggregated basis)
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber 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.

小泉グループ株式会社 holds 32.7% of the company’s voting rights, but there are no business transactions or constraints between the companies, enabling the company to make its own independent management decisions. In addition, the company is managed independently because 小泉グループ株式会社 is not involved in its corporate management.

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 | Totenko Co.,Ltd. (8181) timely disclosure | Komori