Governance structure
other affiliated company), voting rights ownership ratio of 27.12% (direct ownership: 27.12%; amount included in the aggregate: 0.0%). Listed on the Prime Market of the Tokyo Stock Exchange.
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 |
|---|---|
| Number of directors | 7 directors (number of outside directors: not disclosed) |
| Controlling shareholder | AEON CO.,LTD. (other affiliated company), voting rights ownership ratio of 27.12% (direct ownership: 27.12%; amount included in the aggregate: 0.0%). Listed on the Prime Market of the Tokyo Stock Exchange. |
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 explain the capital alliance with AEON CO.,LTD. and the Company's affiliation with the corporate group. It also cited extensive experience and expertise at listed operating companies as the reason for appointing the outside Audit & Supervisory Board member.