Governance structure
other affiliated company; voting rights ownership ratio: 35.7%; directly held: 35.7%; amount included in aggregate: —). Listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
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 | Sekisui House,Ltd. (other affiliated company; voting rights ownership ratio: 35.7%; directly held: 35.7%; amount included in aggregate: —). Listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. |
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 inform investors of matters concerning controlling shareholders, etc. The disclosure explains that there are no personnel ties with the other affiliated company, that housing construction materials are mainly sold to it on terms equivalent to those offered to the company’s other customers, and that there is no significant financial or technical support or exchange.