Worth reading
62In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
51
Voting rights ownership ratio (%)Wording
Conditional
How definitive the wording is.Governance structure
Controlling shareholder
Chubu Electric Power Company,Incorporated, parent company, voting rights ownership ratio of 51.0%51.00%Voting rights
direct ownership: 51.0%; total applicable portion: not stated), 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.
Committee2
Voluntary Nomination and Compensation Advisory Committeecomprising 1 internal director and 3 independent outside directors
Percentage of outside members outside members account for 75%| Item | Details |
|---|---|
| Committee | Voluntary Nomination and Compensation Advisory Committee, comprising 1 internal director and 3 independent outside directors (outside members account for 75%) |
| Controlling shareholder | Chubu Electric Power Company,Incorporated, parent company, voting rights ownership ratio of 51.0% (direct ownership: 51.0%; total applicable portion: not stated), listed on the Tokyo Stock Exchange Prime Market |
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy 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.To provide information on matters concerning the controlling shareholder, Chubu Electric Power Company,Incorporated, which is the parent company.
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.