Komori
Governance9115Meiji Shipping Group Co.,Ltd.Transportation and Logistics

Matters Concerning Controlling Shareholders

The company disclosed the voting rights ownership ratio of Meiji Land and Building Co., Ltd. and its relationship with the company. Meiji Land and Building is the company's largest shareholder, but the company explained that it does not give instructions regarding business operations and that the company makes decisions independently.

Worth reading
50Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
41.62
Voting rights ownership ratio (including holdings subject to aggregation, %)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Meiji Land and Building Co., Ltd.8.34%Voting rights

another affiliated company; directly owned: 8.34%; holdings subject to aggregation: 33.28%; total: 41.62%. Its issued shares are not listed on any financial instruments exchange or other 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.

Number of directorsIt is stated that 1 director also serves as a director of Meiji Land and Building Co., Ltd., but the total number of directors and the number of outside directors of the company are Not disclosed
Governance structure
ItemDetails
Number of directorsIt is stated that 1 director also serves as a director of Meiji Land and Building Co., Ltd., but the total number of directors and the number of outside directors of the company are Not disclosed
Controlling shareholderMeiji Land and Building Co., Ltd. (another affiliated company; directly owned: 8.34%; holdings subject to aggregation: 33.28%; total: 41.62%. Its issued shares are not listed on any financial instruments exchange or other market.)
Items this document does not state (6)
Corporate Governance StructureNumber 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 disclose matters concerning controlling shareholders, etc. in relation to Meiji Land and Building Co., Ltd., which is another affiliated company of the 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.
Matters Concerning Controlling Shareholders | Meiji Shipping Group Co.,Ltd. (9115) timely disclosure | Komori