Governance structure
direct ownership: 24.3%; ownership included in the combined calculation: 0.00%). However, it is expected not to qualify as an other affiliated company as of 3 July 2026.
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.
As a result of the tender offer for treasury shares, the number of shares held by HONDA MOTOR CO.,LTD. will decrease, and it is expected to cease qualifying as an other affiliated company of the Company as of 3 July 2026.
| Item | Details |
|---|---|
| Controlling shareholder | HONDA MOTOR CO.,LTD., voting rights ownership ratio of 24.3% (direct ownership: 24.3%; ownership included in the combined calculation: 0.00%). However, it is expected not to qualify as an other affiliated company as of 3 July 2026. |
| Changes this time | As a result of the tender offer for treasury shares, the number of shares held by HONDA MOTOR CO.,LTD. will decrease, and it is expected to cease qualifying as an other affiliated company of the Company as of 3 July 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.The number of shares held by HONDA MOTOR CO.,LTD. will decrease as a result of the tender offer for treasury shares.