Governance structure
other affiliated company; voting rights ownership ratio: 30.28%
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 | KRAFTIA CORPORATION (other affiliated company; voting rights ownership ratio: 30.28%) |
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.This disclosure sets out matters concerning the controlling shareholder, etc. in relation to KRAFTIA CORPORATION, an other affiliated company, pursuant to applicable laws and regulations and listing rules. The two companies have entered into a capital and business alliance agreement to collaborate in the condominium sales business, leveraging KRAFTIA CORPORATION's technical capabilities in equipment construction and its product development capabilities focused on environmental considerations to generate synergies.