Komori

Matters Concerning Controlling Shareholders

The Nuclear Damage Compensation and Decommissioning Facilitation Corporation is a controlling shareholder holding 50.08% of the voting rights, and the company disclosed the nature of its transactions with the corporation. The company explained that its transactions are currently conducted under applicable laws and regulations and do not give rise to conflicts of interest.

Worth reading
50Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
50.08
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Nuclear Damage Compensation and Decommissioning Facilitation Corporation; voting rights ownership ratio50.08%Voting rights

direct ownership): 50.08%; ownership subject to aggregation: —; total: 50.08%. A non-parent controlling shareholder. Exchange or other market on which the shares or other securities issued by the controlling shareholder are listed: —.

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.

Changes this time

Not disclosed

Governance structure
ItemDetails
Controlling shareholderNuclear Damage Compensation and Decommissioning Facilitation Corporation; voting rights ownership ratio (direct ownership): 50.08%; ownership subject to aggregation: —; total: 50.08%. A non-parent controlling shareholder. Exchange or other market on which the shares or other securities issued by the controlling shareholder are listed: —.
Changes this timeNot disclosed
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

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.

Transactions with the controlling shareholder consist of financial assistance under the Nuclear Damage Compensation and Decommissioning Facilitation Corporation Act, payment of contributions, and contributions to the decommissioning reserve fund. The corporation is a non-profit authorized corporation, and the company states that its current transactions do not include profit-oriented transactions or other transactions conducted at the mutual discretion of the parties, and therefore do not give rise to conflicts of interest.

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.
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