Governance structure
51.38% held directly and 0.00% included in the combined total). It is the parent company and is listed on the Prime Market of the Tokyo Stock Exchange.
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.
No changes from the previous report are stated.
| Item | Details |
|---|---|
| Controlling shareholder | Mitsui E&S Co., Ltd., voting rights ownership ratio of 51.38% (51.38% held directly and 0.00% included in the combined total). It is the parent company and is listed on the Prime Market of the Tokyo Stock Exchange. |
| Changes this time | 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.Mitsui E&S Co., Ltd. is the parent company, holding 51.38% of the voting rights in the company. The company accepts secondees to strengthen and expand its compressor business and further enhance corporate value. It explains that transaction terms are the same as those with general business partners or are based on market interest rates, thereby ensuring a certain degree of independence from the parent company. To protect minority shareholders, related-party transactions are deliberated and resolved by the Management Committee and the Board of Directors, and subsequently reviewed by the Management Committee.