Governance structure
other affiliated company), voting rights ownership ratio: 24.29% (direct ownership: 24.29%; amount included in the aggregate: —
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.
| Item | Details |
|---|---|
| Number of directors | 8 directors, including 3 outside directors |
| Controlling shareholder | LIXIL Corporation (other affiliated company), voting rights ownership ratio: 24.29% (direct ownership: 24.29%; amount included in the aggregate: —) |
Items this document does not state (6)
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.LIXIL Corporation holds 24.29% of the voting rights in the Company, and the Company is disclosing matters concerning controlling shareholders, etc.