Governance structure
other affiliated company; voting rights ownership ratio: 35.11%, comprising 33.78% directly and 1.33% subject to aggregation
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 |
|---|---|
| Number of directors | 6 directors (of whom the number of outside directors was not disclosed) |
| Controlling shareholder | TOPY INDUSTRIES,LIMITED (other affiliated company; voting rights ownership ratio: 35.11%, comprising 33.78% directly and 1.33% subject to aggregation) |
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.To disclose the relationship qualifying as that with a controlling shareholder, etc., and the status of transactions. The company explained that, while maintaining cooperation with TOPY INDUSTRIES,LIMITED, it ensures independent management decisions and a certain degree of independence.