Governance structure
明石智義) (controlling shareholder other than the parent company), direct ownership: 39.32%; included in aggregation: 22.36%; combined: 61.69% (as of 31 March 2026
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.
Matters concerning controlling shareholders were disclosed. No changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | Akashi Tomoyoshi (明石智義) (controlling shareholder other than the parent company), direct ownership: 39.32%; included in aggregation: 22.36%; combined: 61.69% (as of 31 March 2026) |
| Changes this time | Matters concerning controlling shareholders were disclosed. No changes from the previous report were stated. |
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.Disclosure of matters concerning controlling shareholders, etc. The company’s policy is, in principle, not to engage in transactions with controlling shareholders. If it becomes unavoidable to commence such transactions, the company will carefully assess their rationale and the appropriateness of their terms and obtain approval by resolution of the Board of Directors.