Governance structure
菅谷俊二) (controlling shareholder other than the parent company; voting rights ownership ratio: 55.82%: direct ownership 55.82%, aggregated ownership 0.00%
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.
The controlling shareholder's voting rights ownership ratio changed from 56.29% to 55.82% as a result of the acquisition and cancellation of treasury shares.
| Item | Details |
|---|---|
| Committee | Special committee (percentage of outside members: not disclosed) |
| Controlling shareholder | Sugaya Shunji (菅谷俊二) (controlling shareholder other than the parent company; voting rights ownership ratio: 55.82%: direct ownership 55.82%, aggregated ownership 0.00%) |
| Changes this time | The controlling shareholder's voting rights ownership ratio changed from 56.29% to 55.82% as a result of the acquisition and cancellation of treasury shares. |
Items this document does not state (5)
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.The acquisition and cancellation of treasury shares are intended to optimize the capital structure over the medium to long term, expand the investor base by increasing the ratio of tradable shares and liquidity in the market, and improve capital efficiency.