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Governance8700Maruhachi Securities Co.,Ltd.Financials (excluding banks)

Matters Concerning Controlling Shareholders

Tokai Tokyo Financial Holdings,Inc. was identified as the parent company, and its ownership of 43.68% of the voting rights in the Company was disclosed. The Company also explained its policy of making reasonable decisions on transactions with the controlling shareholder through the Board of Directors, the Management Committee and other bodies, and of handling such transactions so as not to disadvantage minority shareholders.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
43.68
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Tokai Tokyo Financial Holdings,Inc.43.68%Voting rights

parent company; voting rights ownership ratio: 43.68%

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 shareholderTokai Tokyo Financial Holdings,Inc. (parent company; voting rights ownership ratio: 43.68%)
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.

Tokai Tokyo Financial Holdings,Inc. is the largest shareholder, owning 43.68% of the voting rights in the Company, and is the parent company under the substantive control criterion. Transactions and other dealings with the controlling shareholder will be handled appropriately so as not to disadvantage minority shareholders.

How to read this page

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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 | Maruhachi Securities Co.,Ltd. (8700) timely disclosure | Komori