Governance structure
direct ownership: 33.32%; ownership subject to aggregation: 0.00%). Classification: other affiliated company.
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.
Disclosed that Catalyst Art Investments株式会社 is the largest shareholder, holding 33.32% of the voting rights; that its representative director also serves as the Company's representative director; and that only 1 of the Company's 9 directors and 3 Audit & Supervisory Board members concurrently holds an office at both companies. The details of changes from the previous disclosure are Not disclosed.
| Item | Details |
|---|---|
| Number of directors | 9 directors (of whom the number of outside directors is Not disclosed) |
| Controlling shareholder | Catalyst Art Investments株式会社, voting rights ownership ratio of 33.32% (direct ownership: 33.32%; ownership subject to aggregation: 0.00%). Classification: other affiliated company. |
| Changes this time | Disclosed that Catalyst Art Investments株式会社 is the largest shareholder, holding 33.32% of the voting rights; that its representative director also serves as the Company's representative director; and that only 1 of the Company's 9 directors and 3 Audit & Supervisory Board members concurrently holds an office at both companies. The details of changes from the previous disclosure are Not disclosed. |
Items this document does not state (5)
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 representative director of Catalyst Art Investments株式会社 also serves as the Company's representative director because the Company determined that applying knowledge of, and networks with affluent individuals in, the common domestic and overseas art market to the Company's management would contribute to enhancing corporate value.