Intage Holdings Inc. TSE:4326

INTAGE : Matters Concerning Controlling Shareholders, Etc.144KB

Published

Source: MarketScreener

September 26, 2024

Company Name:

INTAGE HOLDINGS Inc.

Name of Representative:

Yoshiya Nishi, President and Representative Director

Securities Code:

4326 (Prime Market of Tokyo Stock Exchange)

Contact:

Toru Takeuchi, Director (Tel: +81-3-5294-7411)

Matters Concerning Controlling Shareholders, Etc.

INTAGE HOLDINGS Inc. (the "Company") hereby announces that the matters concerning the controlling shareholders, etc. of the Company are as follows

1. Business name etc. of parent company, controlling shareholder (other than parent company), or other affiliated company

(as of June 30, 2024)

Percentage of voting rights (%)

Financial

instruments

Name

Attribute

Voting

Voting

exchange on which issued

rights

rights

Total

share

certificates, etc. are

directly

indirectly

listed

held

held

Nippon

Telegraph and

Parent

51.0

51.0

Tokyo

Stock

Exchange,

Telephone

company

Prime Market

Corporation

NTT

Parent

DOCOMO,

51.0

51.0

company

INC.

2. If there is more than one parent company, the trade name or name of the company that is deemed to have the greatest impact on the listed company and the reason for identifying the impact.

  1. Trade name or name of the company

Nippon Telegraph and Telephone Corporation

(2) Reason

Nippon Telegraph and Telephone Corporation is parent company of NTT DOCOMO INC., and indirectly owns 51.0% of the voting rights of all shareholders.

3. Positioning of the listed company in the corporate group of the parent company, etc. and relationship between other listed companies and the parent company, etc.

As described above, Nippon Telegraph and Telephone Corporation indirectly owns 51.0%

of the voting rights. NTT DOCOMO, a wholly owned subsidiary of Nippon Telegraph and Telephone Corporation, holds 51.0% of the Company's voting rights, but NTT DOCOMO

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respects the fact that the Company maintains its independence and operates as an independent listed company. Although two directors concurrently serve with NTT DOCOMO as described below, the Board of Directors consists of 12 members, including five independent outside directors, and independent outside directors account for 41.6% of all directors. As such, we believe that a certain degree of independence is secured.

Status of officer holding concurrent posts

Title

Name

Title at parent

Reason for assumption of the position

company etc.

Senior Vice

President

He has extensive experience and knowledge

and Senior General

in the advertising and marketing

Manager,

Consumer

communications fields of NTT DOCOMO,

Director

Hideki

Service Company and

and is

therefore

an appropriate

person

to

Ishibashi

General

Manager,

supervise the execution of operations as we

Marketing

Innovation

strive to further strengthen the management

Department,

NTT

foundation and increase the corporate value

DOCOMO, INC.

of the Group.

General

Manager in

He has extensive experience and expertise

Director

in management and new investment support

charge

of

Alliance,

serving

as

divisions in

a

group

company

of NTT

Marketing

Innovation

Audit

&

DOCOMO, and is therefore an appropriate

Satoshi Nagai

Department,

Supervisory

person

to

supervise

the

execution

of

Consumer

Service

Committee

operations as we strive to further strengthen

Company,

NTT

Member

the management base

and

increase

the

DOCOMO, INC.

corporate value of the Group.

4. Matters concerning transactions with controlling shareholders, etc.

There are no material transactions with Nippon Telegraph and Telephone Corporation and NTT DOCOMO for the fiscal year ended June 30, 2024.

5. The implementation status of the measures to protect minority shareholders during transactions, etc. with the controlling companies

Regarding the relationship with the Company's parent company, Nippon Telegraph and Telephone Corporation, and its group companies (hereinafter collectively referred to as the

  • NTT Group " ), we will establish a collaborative relationship with them while fully

respecting each other's autonomy and self-governance. For transactions, etc. between NTT Group and the Company and its group companies (hereinafter collectively referred to as "the Group") we will conduct them appropriately in accordance with the "Basic Transaction Policy with NTT Group", which sets forth basic policies and procedures to ensure the fairness of transactions. In the event of business transactions, the terms and conditions of such transactions and the method of determining the terms and conditions shall be the same as those of other business partners.

The Governance Committee will review all important contracts with NTT Group before making any decisions. Particularly important contracts must be approved by the Board of Directors to ensure independent decision-making from the NTT Group.

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