Governance structure
other affiliated company; voting rights ownership ratio: 17.66% held directly, 1.17% included in the combined figure, 18.83% in total
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.
| Item | Details |
|---|---|
| Controlling shareholder | NIPPON STEEL CORPORATION (other affiliated company; voting rights ownership ratio: 17.66% held directly, 1.17% included in the combined figure, 18.83% in total) |
Items this document does not state (7)
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 disclose the status of affiliated companies that qualify as controlling shareholders, as well as business and personnel relationships. The Company explained that it operates while maintaining a cooperative relationship with the NIPPON STEEL Group, but faces no constraints that impede its free business activities and has sufficient independence.