Governance structure
other affiliated company; voting rights ownership percentage: 23.32%
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.
Disclosed matters concerning the controlling shareholder, etc. (other affiliated company). The disclosure states that SEIKA CORPORATION is an other affiliated company holding 23.32% of the voting rights, that the Company is an equity-method affiliate of SEIKA CORPORATION, and that the Company and its group make independent decisions and maintain their independence from SEIKA CORPORATION.
| Item | Details |
|---|---|
| Controlling shareholder | SEIKA CORPORATION (other affiliated company; voting rights ownership percentage: 23.32%) |
| Changes this time | Disclosed matters concerning the controlling shareholder, etc. (other affiliated company). The disclosure states that SEIKA CORPORATION is an other affiliated company holding 23.32% of the voting rights, that the Company is an equity-method affiliate of SEIKA CORPORATION, and that the Company and its group make independent decisions and maintain their independence from SEIKA CORPORATION. |
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.This disclosure is being made because SEIKA CORPORATION qualifies as an other affiliated company of the Company. The Company explained that it makes independent decisions and maintains sufficient independence from SEIKA CORPORATION.