Governance structure
direct ownership 40.33%, amount included in aggregation −, total 40.33%). Its classification is other affiliated company, and it is listed on the Tokyo Stock Exchange Prime 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.
At the general meeting of shareholders held on 27 May 2026, 1 person from ITOCHU Corporation was elected as an outside director of the Company. Together with the incumbent outside Audit & Supervisory Board member, the total number of officers concurrently serving at both companies became 2.
| Item | Details |
|---|---|
| Controlling shareholder | ITOCHU Corporation, voting rights ownership ratio 40.33% (direct ownership 40.33%, amount included in aggregation −, total 40.33%). Its classification is other affiliated company, and it is listed on the Tokyo Stock Exchange Prime Market. |
| Changes this time | At the general meeting of shareholders held on 27 May 2026, 1 person from ITOCHU Corporation was elected as an outside director of the Company. Together with the incumbent outside Audit & Supervisory Board member, the total number of officers concurrently serving at both companies became 2. |
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.The purpose is to strengthen the business foundation and generate group synergies through business collaboration with the ITOCHU Corporation Group. It was also explained that transactions with ITOCHU Corporation are appropriately managed, including by referring them to the Board of Directors in accordance with internal regulations, and are carried out based on independent judgment, thereby ensuring a certain degree of independence.