Governance structure
37.1% of voting rights, other affiliated company) and SUMITOMO CORPORATION (SUMITOMO SHOJI KAISHA,LTD.) (24.9% of voting rights, other affiliated company). Although there is no explicit statement that they are not the parent company or controlling shareholders, both are listed as other affiliated companies.
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 |
|---|---|
| Controlling shareholder | ITOCHU Corporation (37.1% of voting rights, other affiliated company) and SUMITOMO CORPORATION (SUMITOMO SHOJI KAISHA,LTD.) (24.9% of voting rights, other affiliated company). Although there is no explicit statement that they are not the parent company or controlling shareholders, both are listed as other affiliated companies. |
Items this document does not state (7)
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.Information on controlling shareholders, etc. is disclosed because ITOCHU Corporation and SUMITOMO CORPORATION (SUMITOMO SHOJI KAISHA,LTD.) qualify as other affiliated companies.