Governance structure
direct ownership: 55.56%; portion included in the aggregate: 0.00%; total: 55.56%
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 |
|---|---|
| Controlling shareholder | Nipsea International Limited, voting rights ownership ratio of 55.56% (direct ownership: 55.56%; portion included in the aggregate: 0.00%; total: 55.56%) |
| Changes this time | No changes from the previous report are described. |
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 provide information on matters concerning controlling shareholders, etc. To protect minority shareholders, independent outside directors are involved in and oversee transactions with the parent company, including by requiring approval from a board of directors in which independent outside directors constitute a majority.