Governance structure
other affiliated company, voting rights ownership ratio: 36.29%), TOYOTA MOTOR CORPORATION (parent company of the other affiliated company, voting rights ownership ratio: 36.29% [portion included in the aggregate]; holds 100% of the voting rights in ダイハツ工業株式会社
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 | ダイハツ工業株式会社 (other affiliated company, voting rights ownership ratio: 36.29%), TOYOTA MOTOR CORPORATION (parent company of the other affiliated company, voting rights ownership ratio: 36.29% [portion included in the aggregate]; holds 100% of the voting rights in ダイハツ工業株式会社) |
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.ダイハツ工業 is the company's largest shareholder, holding 36.29% of its voting rights, and is also the business partner with the highest proportion of consolidated net sales. The company explained that ダイハツ工業 therefore has the greatest influence on the listed company. Although the company maintains close cooperative relationships with both companies, it conducts its business activities independently and maintains independence in its business operations and transactions.