Governance structure
other affiliated company; voting rights ownership ratio: 16.40%
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.
As matters concerning controlling shareholders, the Company disclosed that ALSOK CO.,LTD. is its largest shareholder and an other affiliated company, holding 16.40% of the voting rights, as well as the companies’ personnel, cooperative and business relationships and the implementation of a tender offer. No specific changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | ALSOK CO.,LTD. (other affiliated company; voting rights ownership ratio: 16.40%) |
| Changes this time | As matters concerning controlling shareholders, the Company disclosed that ALSOK CO.,LTD. is its largest shareholder and an other affiliated company, holding 16.40% of the voting rights, as well as the companies’ personnel, cooperative and business relationships and the implementation of a tender offer. No specific 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.To strengthen cooperation with ALSOK CO.,LTD., create new products and services that leverage the areas of expertise of both companies, and achieve further development. The acceptance of directors is intended to promote the cooperative framework by drawing on their extensive experience and broad networks.