Governance structure
堀地かなえ), controlling shareholder, total voting rights ownership ratio: 57.07% (direct ownership: 22.46%; aggregated ownership: 34.60%
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 | Horichi Kanae (堀地かなえ), controlling shareholder, total voting rights ownership ratio: 57.07% (direct ownership: 22.46%; aggregated ownership: 34.60%) |
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.Under the rules of the Tokyo Stock Exchange, Horichi Kanae (堀地かなえ) qualifies as a controlling shareholder because the total voting rights held by her, her close relatives and companies owned by them exceeds a majority. To protect minority shareholders, the company states that transactions will be conducted on appropriate terms equivalent to those of ordinary transactions, and that significant and material transactions will be sufficiently deliberated by the Board of Directors in advance.