Governance structure
other affiliated company; voting rights ownership ratio: 35.85%. There is no financial instruments exchange, etc. on which its issued shares are listed
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 | Wise Co., Ltd. (other affiliated company; voting rights ownership ratio: 35.85%. There is no financial instruments exchange, etc. on which its issued shares are listed) |
| 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.Wise Co., Ltd. is our other affiliated company and owns 35.85% of our voting rights. The terms of the transactions are determined under agreements between the parties: real estate leasing terms are based on prevailing market practices in the surrounding area, while contracted facilities management fees are determined taking into account costs and market conditions.