Governance structure
other affiliated company, unlisted), voting rights ownership ratio: 32.92% (direct ownership: 32.92%; amount subject to aggregation: 0.00%
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.
As of now, there are no plans to change its future position within the corporate group or its other relationships.
| Item | Details |
|---|---|
| Controlling shareholder | 株式会社新東通信 (other affiliated company, unlisted), voting rights ownership ratio: 32.92% (direct ownership: 32.92%; amount subject to aggregation: 0.00%) |
| Changes this time | As of now, there are no plans to change its future position within the corporate group or its other relationships. |
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 Company explained that, although 株式会社新東通信 is the Company’s largest shareholder and an other affiliated company, its 2 jointly appointed directors do not constitute a majority of the Company’s directors, and there are no significant business relationships. Accordingly, the Company is not subject to constraints such as the need for its approval in conducting business activities, and a certain degree of independence is ensured.