Governance structure
other affiliated company), voting rights ownership ratio: 31.94% (direct ownership: 0%, portion included in the aggregate: 31.94%
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 | HIKARI TSUSHIN,INC. (other affiliated company), voting rights ownership ratio: 31.94% (direct ownership: 0%, portion included in the aggregate: 31.94%) |
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.The Company is disclosing matters concerning controlling shareholders, etc. because HIKARI TSUSHIN,INC. owns 31.94% of the Company’s voting rights. The Company recognizes that it makes independent decisions regarding its business operations and maintains a certain degree of independence from its other affiliated company.