Governance structure
affiliated company, voting rights ownership ratio: 15.30%, directly owned: 15.30%, included in aggregated ownership: 0.00%, listed market: 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.
| Item | Details |
|---|---|
| Controlling shareholder | The Nisshin OilliO Group,Ltd. (affiliated company, voting rights ownership ratio: 15.30%, directly owned: 15.30%, included in aggregated ownership: 0.00%, listed market: Tokyo Stock Exchange Prime Market) |
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 explained that The Nisshin OilliO Group,Ltd. has the greatest influence on the company because it is a supplier of important edible oils used as raw materials in food manufacturing. The company stated that it entered into a capital and business alliance agreement in September 2007 and has been working to improve product development capabilities, strengthen competitiveness, and jointly develop high-value-added products.