Komori
Governance9362HYOKI KAIUN KAISHA,LTD.Transportation and Logistics

Matters Concerning Controlling Shareholders

Disclosed that YAMATO KOGYO CO.,LTD. is our largest shareholder and an Other Affiliated Company holding 20.5% of voting rights. While 2 directors recommended by YAMATO KOGYO CO.,LTD. serve on our board, we explained that we make decisions based on our own management policies and determine transaction terms through individual negotiations.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
20.5
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
YAMATO KOGYO CO.,LTD.20.50%Voting rights

Other Affiliated Company, voting rights ratio: 20.5%, 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.

Governance structure
ItemDetails
Controlling shareholderYAMATO KOGYO CO.,LTD. (Other Affiliated Company, voting rights ratio: 20.5%, listed on the Tokyo Stock Exchange Prime Market)
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 facilitate the capital and business alliance with the YAMATO KOGYO CO.,LTD. Group and achieve sustainable growth for our company and synergies with the Group. We are also establishing a framework for working together to respond to future changes in the business environment with the aim of enhancing corporate value.

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 | HYOKI KAIUN KAISHA,LTD. (9362) timely disclosure | Komori