Governance structure
parent company); voting rights ownership ratio: 60.61% held directly, 2.52% subject to aggregation, for a total of 63.14%. Listed on the Prime Market of the Tokyo Stock Exchange.
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Number of directors | 8 directors (including 1 outside director) |
| Controlling shareholder | AEON CO.,LTD. (parent company); voting rights ownership ratio: 60.61% held directly, 2.52% subject to aggregation, for a total of 63.14%. Listed on the Prime Market of the Tokyo Stock Exchange. |
| Changes this time | No changes from the previous report are described. |
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.To align the AEON Group's strategy with the Company's business development, thereby achieving rapid and efficient business operations and enhancing corporate value. The Company also aims to achieve sustainable growth, development and improved performance by working with group companies while respecting their autonomy and independence. The Company has determined that transaction terms are set in the same manner as general transaction terms and that its framework for protecting minority shareholders remains in place.