Governance structure
parent company), voting rights ownership ratio: direct ownership 61.8%, no additional holdings included in the aggregate, total 61.8%
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 | 株式会社セコイア (parent company), voting rights ownership ratio: direct ownership 61.8%, no additional holdings included in the aggregate, total 61.8% |
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.To provide information on matters concerning the controlling shareholder and related parties. The Company explained that its independence from the parent company is sufficiently secured because it makes management decisions independently and independent outside directors comprise a majority of the Board of Directors.