Governance structure
expected to become the Company's sole shareholder after the effective date of this share transfer; voting rights ratio: Not disclosed
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.
In connection with the delisting and going private resulting from the joint share transfer, provisions concerning the acquisition of treasury shares, the unit share system, electronic provision measures and other matters will be deleted, and restrictions on share transfers will be added. The record dates for the fiscal year-end dividend and interim dividend will also be changed.
| Item | Details |
|---|---|
| Controlling shareholder | MAEZAWA Holdings CO.,LTD. (expected to become the Company's sole shareholder after the effective date of this share transfer; voting rights ratio: Not disclosed) |
| Changes this time | In connection with the delisting and going private resulting from the joint share transfer, provisions concerning the acquisition of treasury shares, the unit share system, electronic provision measures and other matters will be deleted, and restrictions on share transfers will be added. The record dates for the fiscal year-end dividend and interim dividend will also be changed. |
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.Following the delisting, provisions premised on the company being a listed company will be reviewed to ensure appropriate share administration and general meeting operations as a private company.