Governance structure
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.
The voting rights ownership percentage was 75.20% as of 19 June 2026. Approximately ¥14.4 billion was raised through the partial exercise of the 14th Series Stock Acquisition Rights on 13 May and 19 June 2026, and 577,866,660 common shares were issued. In addition, ¥14.0 billion of borrowings was repaid on 15 May and 25 June 2026.
| Item | Details |
|---|---|
| Controlling shareholder | Ichigo Trust, with a voting rights ownership percentage of 78.20% as of 31 March 2026. The notes state that the percentage was 75.20% as of 19 June 2026. Controlling shareholder other than the parent company. |
| Changes this time | The voting rights ownership percentage was 75.20% as of 19 June 2026. Approximately ¥14.4 billion was raised through the partial exercise of the 14th Series Stock Acquisition Rights on 13 May and 19 June 2026, and 577,866,660 common shares were issued. In addition, ¥14.0 billion of borrowings was repaid on 15 May and 25 June 2026. |
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.To disclose matters concerning controlling shareholders, etc. To protect minority shareholders, the company ensures appropriate involvement and oversight, including obtaining approval from the board of directors, a majority of whose members are independent outside directors. In addition, to avoid potential conflicts of interest, the chairperson of the board did not participate in deliberations or resolutions concerning the transactions.