Governance structure
other affiliated company), voting rights ownership ratio: 33.9% directly, 34.9% in total. Financial instruments exchange, etc. on which its issued share certificates are listed: —
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 |
|---|---|
| Number of directors | 13 directors, of whom the number of outside directors is Not disclosed |
| Controlling shareholder | 株式会社巽商店 (other affiliated company), voting rights ownership ratio: 33.9% directly, 34.9% in total. Financial instruments exchange, etc. on which its issued share certificates are listed: — |
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.株式会社巽商店 is an asset management company wholly owned by the Company's officers and engages in real estate leasing and stock investment. It has no business relationship with the operations of the Company's Group, and the Company believes that its independence is sufficiently assured because there are no circumstances in which its management policies would be influenced by the intentions of its parent company or other controlling entity. Transaction terms are determined through negotiation, taking market prices into consideration.