Komori
Governance8585Orient CorporationFinancials (excluding banks)

Matters Concerning Controlling Shareholders

It is stated that Mizuho Bank, Ltd. transferred part of its holdings of the Company's shares, reducing its voting rights holding ratio from 48.79% to 33.79%. Mizuho Financial Group,Inc.'s voting rights holding ratio is 48.85%.

Worth reading
65In focus
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
33.79
% (Mizuho Bank, Ltd.'s voting rights holding ratio)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Mizuho Financial Group,Inc.48.85%Voting rights

voting rights holding ratio: 48.85%), Mizuho Bank, Ltd. (voting rights holding ratio: 33.79%

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.

Committee1
Conflict of Interest Management Committee
Changes this time

Mizuho Bank, Ltd. transferred part of its holdings of the Company's shares to Muninova Holdings Inc., reducing the bank's voting rights holding ratio from 48.79% to 33.79%.

Governance structure
ItemDetails
CommitteeConflict of Interest Management Committee (percentage of outside members: Not disclosed)
Controlling shareholderMizuho Financial Group,Inc. (voting rights holding ratio: 48.85%), Mizuho Bank, Ltd. (voting rights holding ratio: 33.79%)
Changes this timeMizuho Bank, Ltd. transferred part of its holdings of the Company's shares to Muninova Holdings Inc., reducing the bank's voting rights holding ratio from 48.79% to 33.79%.
Items this document does not state (5)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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.

Part of the shares held by Mizuho Bank, Ltd. were transferred to Muninova Holdings Inc.

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 | Orient Corporation (8585) timely disclosure | Komori