Governance structure
Other Affiliated Company, Prime Market of the Tokyo Stock Exchange), voting rights ratio: 23.86% (direct ownership: 23.86%; portion included in aggregate: —
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.
Disclosure of matters concerning the controlling shareholder, etc. (Other Affiliated Company). No changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | MEDIPAL HOLDINGS CORPORATION (Other Affiliated Company, Prime Market of the Tokyo Stock Exchange), voting rights ratio: 23.86% (direct ownership: 23.86%; portion included in aggregate: —) |
| Changes this time | Disclosure of matters concerning the controlling shareholder, etc. (Other Affiliated Company). No changes from the previous report were 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.The companies have entered into a business and capital alliance, as well as multiple commercialization, licensing and joint development agreements, to leverage the MEDIPAL Group’s logistics and sales capabilities and the Company’s drug discovery capabilities, thereby enhancing both companies’ corporate value and achieving sustainable growth.