Governance structure
Company with an Audit and Supervisory Committeeother affiliated company, 42.5% directly held), ITOCHU Corporation (parent company of an other affiliated company, 1.3% directly held, 42.5% included in the aggregate, 43.8% in total
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 11 directors (including 1 outside director) |
| Controlling shareholder | 伊藤忠フードインベストメント合同会社 (other affiliated company, 42.5% directly held), ITOCHU Corporation (parent company of an other affiliated company, 1.3% directly held, 42.5% included in the aggregate, 43.8% in total) |
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.ITOCHU Corporation explained that it is the parent company of 伊藤忠フードインベストメント合同会社 and 伊藤忠マシンテクノス株式会社, which directly hold voting rights in the Company, and that it holds the largest number of voting rights in the Company, including indirectly held voting rights. It also explained that, although the Company belongs to the ITOCHU Corporation group, it faces no business restrictions, conducts its business independently, and maintains a certain degree of independence.