Governance structure
other affiliated company; voting rights ownership ratio: 39.59%
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 |
|---|---|
| Controlling shareholder | Kanadevia Corporation (other affiliated company; voting rights ownership ratio: 39.59%) |
Items this document does not state (7)
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.1 part-time director from Kanadevia Corporation is serving to provide opinions and advice. The company also purchases raw materials from Kanadevia Corporation as a major supplier and leases land and buildings, including those at the Innoshima Plant. The company explains that it conducts its business activities independently and maintains a certain degree of independence.