Governance structure
other affiliated company), voting rights ownership ratio: 31.4% (direct ownership: 31.4%; combined ownership: —
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 described.
| Item | Details |
|---|---|
| Controlling shareholder | TOYOTA MOTOR CORPORATION (other affiliated company), voting rights ownership ratio: 31.4% (direct ownership: 31.4%; combined ownership: —) |
| Changes this time | No changes from the previous report are described. |
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 explain the capital relationship, business relationship, business constraints and risks, and approach to ensuring independence involving companies that qualify as controlling shareholders, etc.