Governance structure
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 |
|---|---|
| Committee | Audit Committee (percentage of outside committee members: Not disclosed) |
| Controlling shareholder | Ichigo Trust Pte. Ltd. Voting rights ownership ratio: direct ownership, 56.00%; amount included in the aggregate, –; total, 56.00%. No listed financial instruments exchange. |
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 controlling shareholder intends to hold the Company's shares as a long-term, stable shareholder. For transactions with the controlling shareholder or its affiliates, the Company conducts procedures based on applicable laws and regulations and its internal control system, as well as reviews by the Compliance Department, Audit Department, Audit Committee, Board of Directors and legal advisors, in an effort to protect minority shareholders.