Governance structure
other related company); voting rights ownership ratio: 37.3% (direct ownership: 37.3%; amount included in the combined figure: −
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Number of directors | Total: 10 directors; outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee; proportion of outside committee members: Not disclosed |
| Controlling shareholder | 株式会社シノケングループ (other related company); voting rights ownership ratio: 37.3% (direct ownership: 37.3%; amount included in the combined figure: −) |
| Changes this time | No changes from the previous report are described. |
Items this document does not state (4)
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.株式会社シノケングループ is an equity-method affiliate that owns 37.3% of the voting rights. Because the Company and 株式会社シノケングループ deal in different types of real estate, their business activities are not impeded. The Company believes that a certain degree of independence in its own management decisions is secured even where officers and employees hold concurrent positions at both companies.