Governance structure
other affiliated company; voting rights ownership ratio: 0% held directly, 28.41% included in aggregated holdings, total 28.41%; listed on the Prime Market of the Tokyo Stock Exchange
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.
Matters concerning controlling shareholders, etc. were disclosed. No specific changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | HIKARI TSUSHIN,INC. (other affiliated company; voting rights ownership ratio: 0% held directly, 28.41% included in aggregated holdings, total 28.41%; listed on the Prime Market of the Tokyo Stock Exchange) |
| Changes this time | Matters concerning controlling shareholders, etc. were disclosed. No specific changes from the previous report were stated. |
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.Although HIKARI TSUSHIN,INC. does not directly hold voting rights, it indirectly owns shares in the company through its subsidiaries and other entities and is recognized as having substantial influence. It is therefore classified as an other affiliated company.