Conflicts of Interest with a Major Shareholder and Ensuring Independence
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Changes in the major shareholder's ownership ratioAnnual report
「Mitsubishi Corporation is a major shareholder, holding 16.71% of the total shares issued by the Company as of 31 March 2026」
Mitsubishi Corporation's ownership ratio changed from 25.44% in the previous fiscal year to 16.71%. The Company continues to disclose its capital and personnel relationships with Mitsubishi Corporation. - FY2025RestatedAnnual report
「Mitsubishi Corporation is the Company's largest shareholder, holding 25.44% of the total shares issued as of 31 March 2025, and qualifies as an other affiliated company of the Company.」
The Company discloses its capital and personnel relationships with Mitsubishi Corporation and the associated conflict-of-interest risk, and continues to pursue a policy of making independent decisions led primarily by independent directors and dedicated directors. - FY2024RestatedAnnual report
「Mitsubishi Corporation is the Company's largest shareholder, holding 25.48% of the total shares issued as of 31 March 2024, and qualifies as an other affiliated company of the Company.」
The Company reconfirmed its policy of making independent decisions led primarily by independent directors and dedicated directors, while recognizing the risk of conflicts of interest with a major shareholder. - FY2023First statedAnnual report
「Transactions with the parent company or other related companies involve a risk of conflicts of interest with general shareholders. The Company addresses this risk with due consideration for the interests of general shareholders by establishing an effective governance structure.」
While Mitsubishi Corporation is classified as an other affiliated company, the Company states that it makes independent decisions led primarily by independent directors and dedicated directors.