Governance structure
other affiliated company, listed on the Tokyo Stock Exchange Prime Market), voting rights ownership ratio of 43.83% (direct ownership: 43.83%; amount included in the total: 0.00%
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 | ZENRIN CO.,LTD. (other affiliated company, listed on the Tokyo Stock Exchange Prime Market), voting rights ownership ratio of 43.83% (direct ownership: 43.83%; amount included in the total: 0.00%) |
| 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.Although the company intends to continue its cooperative relationship with ZENRIN CO.,LTD., it recognizes that there are no constraints on its business activities and that sufficient independence has been secured in its business activities and management decisions.