Governance structure
Company with an Audit and Supervisory Committeeparent company), ownership interest in voting rights: 46.13% (direct ownership: 46.13%; amount subject to aggregation: —
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Controlling shareholder | Ys’ Assortment株式会社 (parent company), ownership interest in voting rights: 46.13% (direct ownership: 46.13%; amount subject to aggregation: —) |
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.To prevent conflicts of interest with general shareholders and avoid harming the interests of general shareholders, including minority shareholders, the company generally does not engage in related-party transactions. If such transactions are unavoidable, it will verify the appropriateness of the transaction terms and obtain approval from the Board of Directors, with reviews by the administrative division, internal audits, and audits by directors who are Audit and Supervisory Committee members.