Governance structure
other affiliated company; 22.37% indirect ownership). The Company has no controlling shareholder.
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 | not disclosed (including 4 independent outside directors) |
| Controlling shareholder | HIKARI TSUSHIN,INC. (other affiliated company; 22.37% indirect ownership). The Company has no controlling shareholder. |
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.Because it holds the largest voting interest among the group of other affiliated companies through indirect holdings via HIKARI TSUSHIN,INC., UH Partners 2 Investment Limited Partnership, UH Partners 3 Investment Limited Partnership, and Hikari Tsushin KK Investment Limited Partnership.