Governance structure
parent company; voting rights ownership ratio: 54.4%
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.
The document does not state any changes from the previous report.
| Item | Details |
|---|---|
| Controlling shareholder | YAMAZAKI BAKING CO.,LTD. (parent company; voting rights ownership ratio: 54.4%) |
| Changes this time | The document does not state any changes from the previous report. |
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.The terms of transactions with the controlling shareholder are determined reasonably by referring to prevailing prices and market conditions, and the company’s basic policy is to maintain autonomy and independence in its business operations and transactions.