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Governance8920TOSHO CO.,LTD.Information and Communications, Services and Others

Matters Concerning the Controlling Shareholder

Disclosed the voting rights ownership ratios of Kutsuna Toshihiro (沓名俊裕) and Kutsuna Yuichiro (沓名裕一郎) as controlling shareholders. With respect to transactions with controlling shareholders, the Company has outlined measures to protect minority shareholders by generally applying terms equivalent to those for ordinary transactions and deliberating the appropriateness of such transactions at meetings of the Board of Directors.

Worth reading
78Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
63.67
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Kutsuna Toshihiro43.72%Voting rights

沓名俊裕) (controlling shareholder, 43.72% held directly, 19.95% subject to aggregation, total 63.67%), Kutsuna Yuichiro (沓名裕一郎) (controlling shareholder, 11.56% held directly, 52.11% subject to aggregation, total 63.67%

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 shareholderKutsuna Toshihiro (沓名俊裕) (controlling shareholder, 43.72% held directly, 19.95% subject to aggregation, total 63.67%), Kutsuna Yuichiro (沓名裕一郎) (controlling shareholder, 11.56% held directly, 52.11% subject to aggregation, total 63.67%)
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.

To respond appropriately so as not to harm the Company or its minority shareholders, transactions with controlling shareholders will generally be conducted on appropriate terms equivalent to those for ordinary transactions, with the transaction terms and appropriateness deliberated and resolved by the Board of Directors.

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Matters Concerning the Controlling Shareholder | TOSHO CO.,LTD. (8920) timely disclosure | Komori