Governance structure
parent company, voting rights ownership ratio: 50.9%
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 | TOYO SUISAN KAISHA,LTD. (parent company, voting rights ownership ratio: 50.9%) |
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.As a member of the TOYO SUISAN group, the Company undertakes the production of instant noodles, chilled foods and other products, and uses its seasoning manufacturing technologies and facilities, as well as its role as a production base for the Chubu and western Japan regions, to further strengthen its favorable relationship with the parent company's group. To protect minority shareholders, transaction terms are determined on the same basis as those for other business partners so as not to harm the interests of minority shareholders.