Worth reading
54Recurring
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
51.18
Voting rights ownership ratio (%)Wording
Definitive
How definitive the wording is.Governance structure
Controlling shareholder
FORVAL CORPORATION51.18%Voting rights
parent company), voting rights ownership ratio: 51.18% (direct ownership: 51.18%; portion included in aggregation: 0.00%
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 directorsTotal: 5 directors, including 1 director concurrently serving at the parent company (number of outside directors: not disclosed)
| Item | Details |
|---|---|
| Number of directors | Total: 5 directors, including 1 director concurrently serving at the parent company (number of outside directors: not disclosed) |
| Controlling shareholder | FORVAL CORPORATION (parent company), voting rights ownership ratio: 51.18% (direct ownership: 51.18%; portion included in aggregation: 0.00%) |
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 maximize the use of management resources by leveraging the benefits of information exchange and personnel exchanges with the parent company group. In addition, transactions within the group are determined on the same terms as ordinary transactions so as not to disadvantage minority shareholders.
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.