Governance structure
德重 徹) (controlling shareholder other than the parent company); percentage of voting rights held: direct ownership 13.57%, ownership subject to aggregation 39.67%, total 53.25%
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 | Tokushige Toru (德重 徹) (controlling shareholder other than the parent company); percentage of voting rights held: direct ownership 13.57%, ownership subject to aggregation 39.67%, total 53.25% |
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.To ensure fair terms and transparent procedures so that minority shareholders are not disadvantaged if transactions with the controlling shareholder are conducted. In light of the risks associated with related-party transactions, the company will consider the appropriateness and necessity of the transaction terms and obtain prior approval from the Board of Directors.