Governance structure
other affiliated company; voting rights ownership percentage: 23.74%
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 | Sekisui Jushi Corporation (other affiliated company; voting rights ownership percentage: 23.74%) |
| 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.The purpose is to strengthen and develop both companies' business foundations through business cooperation and personnel exchanges based on the corporate alliance with Sekisui Jushi Corporation. The company explained that it operates independently in its business activities and management policies, and that transaction terms are determined in the same manner as those with general business partners and financial institutions.