Governance structure
other affiliated company), voting rights ownership ratio: 34.6% (direct ownership: 34.6%; portion included in the aggregate: —
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 described.
| Item | Details |
|---|---|
| Number of directors | 6 directors in total, including Not disclosed outside directors |
| Controlling shareholder | Toyota Industries Corporation (other affiliated company), voting rights ownership ratio: 34.6% (direct ownership: 34.6%; portion included in the aggregate: —) |
| Changes this time | No changes from the previous report are described. |
Items this document does not state (5)
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.To clarify the relationship with controlling shareholders, the nature of transactions, business-related restrictions and risks, and the status of measures to ensure independence.