Komori
Governance9845PARKER CORPORATIONMaterials and Chemicals

Matters Concerning Controlling Shareholders

NIHON PARKERIZING CO.,LTD. directly holds 24.2% of our voting rights and, including aggregated holdings, holds 25.6%, making it an other affiliated company. The disclosure also covers the business and transactional relationship with the company.

Worth reading
49Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
25.6
Voting rights ownership ratio (%; total of directly held and aggregated holdings)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
NIHON PARKERIZING CO.,LTD.24.20%Voting rights

other affiliated company; voting rights ownership ratio: 24.2% directly held, 25.6% including aggregated holdings; listing: Prime Market of the Tokyo Stock Exchange

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 shareholderNIHON PARKERIZING CO.,LTD. (other affiliated company; voting rights ownership ratio: 24.2% directly held, 25.6% including aggregated holdings; listing: Prime Market of the Tokyo Stock Exchange)
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 notice of matters concerning controlling shareholders, etc. in relation to NIHON PARKERIZING CO.,LTD.

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 | PARKER CORPORATION (9845) timely disclosure | Komori