Governance structure
parent company; voting rights ownership ratio: 42.8%
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.
The Company has decided to integrate its management with HEROZ, Inc. through a share exchange. The Company's shares are scheduled to be delisted as of 26 June 2026.
| Item | Details |
|---|---|
| Controlling shareholder | HEROZ, Inc. (parent company; voting rights ownership ratio: 42.8%) |
| Changes this time | The Company has decided to integrate its management with HEROZ, Inc. through a share exchange. The Company's shares are scheduled to be delisted as of 26 June 2026. |
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.To implement a management integration under which HEROZ, Inc. will become the wholly owning parent company in the share exchange and the Company will become the wholly owned subsidiary.