Governance structure
元榮太一郎), voting rights ownership ratio: 20.0% held directly, 43.0% included in the aggregate, for a total of 63.1%. Controlling shareholder other than the parent company.
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 | Motoe Taichiro (元榮太一郎), voting rights ownership ratio: 20.0% held directly, 43.0% included in the aggregate, for a total of 63.1%. Controlling shareholder other than the parent company. |
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.If a transaction with the controlling shareholder occurs, it will be conducted on appropriate terms equivalent to those of ordinary transactions, with its appropriateness deliberated by the Board of Directors in the presence of outside directors and outside corporate auditors and determined by resolution of the Board of Directors, thereby protecting minority shareholders. In addition, the Audit & Supervisory Board will work with the accounting auditor to verify the appropriateness of the transaction.