Governance structure
Company with an Audit and Supervisory Committeeother related company), voting rights ownership ratio of 41.15% (direct ownership: 41.15%; combined ownership: -). Mitsubishi Corporation is listed on the Tokyo Stock Exchange Prime Market.
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 5 directors, excluding directors who are Audit & Supervisory Committee members. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Controlling shareholder | Mitsubishi Corporation (other related company), voting rights ownership ratio of 41.15% (direct ownership: 41.15%; combined ownership: -). Mitsubishi Corporation is listed on the Tokyo Stock Exchange Prime Market. |
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.The Company aims to strengthen its collaborative relationship with Mitsubishi Corporation, including in meat procurement, and enhance corporate value by leveraging management resources. For transactions that may be affected by Mitsubishi Corporation and the appointment of directors, the Company strives to ensure fairness and transparency from the perspective of protecting minority shareholders' interests.