Governance structure
other affiliated company; voting rights ownership ratio: 33.52%
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 | Taiho Pharmaceutical Co., Ltd. (other affiliated company; voting rights ownership ratio: 33.52%) |
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 believes that its cooperative relationship with Taiho Pharmaceutical Co., Ltd. enables it to generate synergies by leveraging management resources, including technological capabilities. It also recognizes that there are no restrictions from the company, such as matters requiring approval in connection with business activities, and that its independence is sufficiently ensured.