Governance structure
other affiliated company; voting rights ownership percentage: 24.26%; directly held: none; included in aggregate: 24.26%
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.
For Hikari Tsushin, Inc., the Company disclosed its voting rights ownership percentage as an other affiliated company, its position within the corporate group, and its transaction relationships. No changes from the previous report are stated.
| Item | Details |
|---|---|
| Controlling shareholder | Hikari Tsushin, Inc. (other affiliated company; voting rights ownership percentage: 24.26%; directly held: none; included in aggregate: 24.26%) |
| Changes this time | For Hikari Tsushin, Inc., the Company disclosed its voting rights ownership percentage as an other affiliated company, its position within the corporate group, and its transaction relationships. No changes from the previous report are stated. |
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.Hikari Tsushin, Inc. does not directly hold the Company's voting rights, but holds 24.26% through its subsidiaries and other entities, making the Company an equity-method affiliate. Accordingly, Hikari Tsushin, Inc. qualifies as an other affiliated company.