Governance structure
other affiliated company; voting rights ownership ratio: 25.7%; not a parent company or controlling shareholder
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.
At the conclusion of the 20th Annual General Meeting of Shareholders held on 22 June 2026, 1 director of the Company who concurrently served as an executive officer of Tokyo Century Corporation resigned. No other changes from the previous disclosure are stated.
| Item | Details |
|---|---|
| Controlling shareholder | Tokyo Century Corporation (other affiliated company; voting rights ownership ratio: 25.7%; not a parent company or controlling shareholder) |
| Changes this time | At the conclusion of the 20th Annual General Meeting of Shareholders held on 22 June 2026, 1 director of the Company who concurrently served as an executive officer of Tokyo Century Corporation resigned. No other changes from the previous disclosure are stated. |
Items this document does not state (6)
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.Business transactions with Tokyo Century Corporation are negotiated individually on the same basis as transactions with general business partners and are conducted by the Company based on its own independent judgment. The reason for concurrent service by officers is to receive advice on decision-making and management oversight from the perspective of an experienced executive.