Governance structure
other affiliated company, voting rights ownership percentage: 19.24%, listed on the Tokyo Stock Exchange Prime Market
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.
Reported matters concerning controlling shareholders, etc. No changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | The Nisshin OilliO Group,Ltd. (other affiliated company, voting rights ownership percentage: 19.24%, listed on the Tokyo Stock Exchange Prime Market) |
| Changes this time | Reported matters concerning controlling shareholders, etc. No 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.The Nisshin OilliO Group,Ltd. owns 19.24% of the voting rights, making the Company an equity-method affiliate of The Nisshin OilliO Group,Ltd. Transactions consist of the manufacture of jointly developed products, sales of contract-manufactured products and purchases of raw materials, all on the same terms as those with other business partners.