Governance structure
direct voting rights ownership ratio: 17.97%; unlisted) and Hulic Co.,Ltd. (aggregate applicable ratio: 17.97%; listed on the Tokyo Stock Exchange Prime Market). Hulic Co.,Ltd. is the 100% parent company of HPS.
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 stated.
| Item | Details |
|---|---|
| Controlling shareholder | ヒューリックプロパティソリューション株式会社 (direct voting rights ownership ratio: 17.97%; unlisted) and Hulic Co.,Ltd. (aggregate applicable ratio: 17.97%; listed on the Tokyo Stock Exchange Prime Market). Hulic Co.,Ltd. is the 100% parent company of HPS. |
| Changes this time | No changes from the previous report are stated. |
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.In May 2025, the Company entered into a capital and business alliance agreement with the Hulic Group with the aim of mutually leveraging their expertise and management resources to develop the power business and other operations. The Company states that its independence is ensured because it makes decisions independently rather than based on instructions or approvals from the Hulic Group, determines transaction terms after taking market prices and other factors into consideration, and manages material transactions through the Board of Directors.