Komori
Governance8194LIFE CORPORATIONRetail

Matters Concerning Controlling Shareholders

Mitsubishi Corporation is an other affiliated company holding 25.56% of the voting rights of the Company. The Company disclosed its capital and personnel relationships with Mitsubishi Corporation and its independence. The Company has no material transactions with controlling shareholders, etc.

Worth reading
67In focus
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
25.56
Voting rights ownership ratio (%, including indirect ownership)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Mitsubishi Corporation24.39%Voting rights

other affiliated company); voting rights ownership ratio: directly owned, 24.39%; included in the total, 1.17%; total, 25.56% (including indirect ownership

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 described.

Governance structure
ItemDetails
Controlling shareholderMitsubishi Corporation (other affiliated company); voting rights ownership ratio: directly owned, 24.39%; included in the total, 1.17%; total, 25.56% (including indirect ownership)
Changes this timeNo changes from the previous report are described.
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.

The Company aims to further increase its corporate value by strengthening its capital alliance with Mitsubishi Corporation and receiving human resources, capital and various types of information. The Company also believes that its business activities and management decisions are discussed and resolved by its Board of Directors and other bodies, ensuring its independence from the parent company, etc.

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 | LIFE CORPORATION (8194) timely disclosure | Komori