Komori
Governance9723THE KYOTO HOTEL,LTD.Information and Communications, Services and Others

Matters Concerning Controlling Shareholders

Disclosed that Hotel Okura Co., Ltd. is an other affiliated company holding 35.3% of the voting rights in the Company, as well as the status of transactions with the Hotel Okura Group and concurrent directorships. The Company stated that it faces no business restrictions from its controlling shareholder, etc., and conducts its business activities independently.

Worth reading
44Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
35.3
Voting rights ownership ratio (%)
Wording
Conditional
How definitive the wording is.

Governance structure

Controlling shareholder
Hotel Okura Co., Ltd.35.30%Voting rights

other affiliated company), voting rights ratio: 35.3% (direct ownership: 35.3%; ownership included in the aggregate: 0.0%; total: 35.3%

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 shareholderHotel Okura Co., Ltd. (other affiliated company), voting rights ratio: 35.3% (direct ownership: 35.3%; ownership included in the aggregate: 0.0%; total: 35.3%)
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 provide information on matters concerning controlling shareholders, etc. Compensation for the business alliance is calculated in accordance with the calculation method stipulated in the contract. Concurrent directorships are intended to strengthen the management structure.

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 | THE KYOTO HOTEL,LTD. (9723) timely disclosure | Komori