Governance structure
direct ownership: 33.9%; combined ownership: —; total: 33.9%). 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.
| Item | Details |
|---|---|
| Controlling shareholder | Tokyo Electron Limited; voting rights ownership percentage: 33.9% (direct ownership: 33.9%; combined ownership: —; total: 33.9%). Classification: other affiliated company. |
Items this document does not state (7)
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 disclosed matters concerning controlling shareholders, etc. because Tokyo Electron Limited qualifies as an other affiliated company. The Company explained that it faces no business restrictions or business dependence as a result of belonging to the Tokyo Electron group, that Tokyo Electron Limited has no substantive controlling power, and that the Company's independence is secured.