Governance structure
Company with an Audit and Supervisory Committeeparent company; voting rights ownership ratio: 45.12%
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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Parent Company Group Intercompany Transactions Advisory Committee (proportion of outside members: not disclosed) |
| Controlling shareholder | NISSIN FOODS HOLDINGS CO.,LTD. (parent company; voting rights ownership ratio: 45.12%) |
| Changes this time | Changes from the previous report: Not disclosed |
Items this document does not state (4)
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 establish and strengthen a collaborative relationship with the NISSIN Foods Group and conduct product development and business expansion. In addition, with respect to transactions with the parent company group, to ensure the appropriateness of transaction terms and conduct fair and transparent transactions.