Governance structure
坪田 一男) (controlling shareholder, excluding parent company; voting rights ownership percentage: directly owned 46.23%, included in aggregation 14.69%, total 60.92%
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 | Tsubota Kazuo (坪田 一男) (controlling shareholder, excluding parent company; voting rights ownership percentage: directly owned 46.23%, included in aggregation 14.69%, total 60.92%) |
| 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.When conducting transactions with the controlling shareholder, the company’s basic policy is to deliberate and resolve the transaction details, terms and appropriateness at a meeting of the Board of Directors, and to conduct the transactions on the same terms as transactions with third parties. The company states that, as necessary, it will seek the opinions of external experts, including attorneys and accounting auditors, to ensure fairness and protect the rights of minority shareholders.