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Governance9602TOHO CO.,LTDInformation and Communications, Services and Others

Matters Concerning Controlling Shareholders

Hankyu Hanshin Holdings,Inc. is reported as an other affiliated company, including its voting rights ownership ratio, relationship with the Company, independence, and measures to protect minority shareholders. There are no new transactions.

Worth reading
86Important
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
22.62
Percentage of voting rights held (%; aggregated)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Hankyu Hanshin Holdings,Inc.13.58%Voting rights

other affiliated company); voting rights ownership ratio: 13.58% held directly, 9.03% included in the combined total, for a total of 22.62%. It is not a controlling shareholder or parent company.

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: 9 directors, of whom the number of outside directors is Not disclosed
Governance structure
ItemDetails
Number of directorsTotal: 9 directors, of whom the number of outside directors is Not disclosed
Controlling shareholderHankyu Hanshin Holdings,Inc. (other affiliated company); voting rights ownership ratio: 13.58% held directly, 9.03% included in the combined total, for a total of 22.62%. It is not a controlling shareholder or parent company.
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.

Because Hankyu Hanshin Holdings,Inc. qualifies as an other affiliated company, the status of the relationship and the implementation of measures to protect minority shareholders are disclosed.

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 | TOHO CO.,LTD (9602) timely disclosure | Komori