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Governance9436OKINAWA CELLULAR TELEPHONE COMPANYInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed that KDDI Corporation is our parent company and directly holds 54.5% of the voting rights. The disclosure also describes transactions with the parent company and procedures to ensure independence for the protection of minority shareholders.

Worth reading
100Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
54.5
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
KDDI Corporation; direct voting rights ownership ratio: 54.5%; holdings included in aggregation: —; total: 54.5%. Listed on the Tokyo Stock Exchange Prime Market54.50%Voting rights

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 directors9 directors, including Not disclosed outside directors
Governance structure
ItemDetails
Number of directors9 directors, including Not disclosed outside directors
Controlling shareholderKDDI Corporation; direct voting rights ownership ratio: 54.5%; holdings included in aggregation: —; total: 54.5%. Listed on the Tokyo Stock Exchange Prime 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 the relationship with KDDI Corporation, the controlling shareholder, the status of transactions, and the implementation of measures to protect 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.
Matters Concerning Controlling Shareholders | OKINAWA CELLULAR TELEPHONE COMPANY (9436) timely disclosure | Komori