Protection of Minority Shareholders in Transactions with the Controlling Shareholder
First written in FY2018. 1 of 2 entries say "Dropped", first in FY2019. Latest entry: FY2019.
1 other company's latest entry also says "Dropped".
- FY2019DroppedAnnual report
「株式会社オプトホールディング, which had been the Company’s parent company, ceased to qualify as the Company’s parent company on 22 June 2018, as its ownership of the Company’s voting rights fell below 20% due to the increase in the total number of issued shares resulting from the issuance of new shares in a public offering accompanying the Company’s initial listing on the Tokyo Stock Exchange Mothers market, together with the sale of part of the Company’s shares by that parent company.」
There is no separate description of a minority shareholder protection policy for transactions with the controlling shareholder; the absence of a parent company is described. - FY2018First statedAnnual report
「The Company’s policy is to determine transaction terms with controlling shareholders and other related parties reasonably, in the same manner as transactions with other companies, based on contractual terms and market prices, and to conduct transactions only after carefully considering whether the transaction and its terms would unfairly prejudice minority shareholder rights.」
For transactions with the parent company, the Company’s policy is to make reasonable decisions based on contractual terms and market prices while protecting minority shareholders.