Governance structure
Other Affiliated Company), voting rights ownership ratio: 25.55%. There is no statement that it is a parent company or controlling shareholder; it is listed as an Other Affiliated Company.
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 | アースエレメンツ・キャピタル株式会社 (Other Affiliated Company), voting rights ownership ratio: 25.55%. There is no statement that it is a parent company or controlling shareholder; it is listed as an Other Affiliated Company. |
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.Because アースエレメンツ・キャピタル株式会社 is an Other Affiliated Company holding 25.55% of the voting rights. The company explained that the voting rights held were granted under a comprehensive proxy from FIRST PLUS FINANCIAL HOLDINGS PTE. LTD.