Governance structure
other affiliated company, voting rights ownership ratio: 24.45%), 東急株式会社 (other affiliated company, direct ownership: 4.20%, ownership included in the combined figure: 0.20%, total: 4.40%
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Controlling shareholder | TOKYU CONSTRUCTION CO., LTD. (other affiliated company, voting rights ownership ratio: 24.45%), 東急株式会社 (other affiliated company, direct ownership: 4.20%, ownership included in the combined figure: 0.20%, total: 4.40%) |
| Changes this time | No changes from the previous report are described. |
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.TOKYU CONSTRUCTION CO., LTD. has the closest capital and business relationship with the Company, and the Company undertakes part of the construction business as a member of the Tokyu Group. The Company explains that transactions are conducted on ordinary terms and that the proportion of such transactions to the Company's net sales is limited.