Governance structure
Company with an Audit and Supervisory Committeeother affiliated company), voting rights ownership ratio 38.73% (direct ownership 38.73%, aggregate portion —, total 38.73%
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.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | Total of 6 directors, including outside directors Not disclosed |
| Controlling shareholder | 宮越グループ株式会社 (other affiliated company), voting rights ownership ratio 38.73% (direct ownership 38.73%, aggregate portion —, total 38.73%) |
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.Explains that 宮越グループ株式会社 is an other affiliated company holding 38.73% of the voting rights of the Company, and that 1 of the Company’s 6 directors also serves as a director of that company. Regarding the protection of minority shareholders, it states that transactions are conducted after giving sufficient consideration to the transaction terms and other relevant factors.