Governance structure
other affiliated company), voting rights ownership ratio 23.00% (direct ownership 23.00%, amount subject to aggregation —, total 23.00%
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 |
|---|---|
| Number of directors | 3 directors, of whom the number of outside directors is not disclosed |
| Controlling shareholder | 桜井興産株式会社 (other affiliated company), voting rights ownership ratio 23.00% (direct ownership 23.00%, amount subject to aggregation —, total 23.00%) |
| Changes this time | No changes from the previous report are described. |
Items this document does not state (5)
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.桜井興産株式会社 primarily leases real estate and has no connection with the Company's business activities. The Company therefore believes that its independence is ensured. Concurrent service as an officer is stated to be for the purpose of strengthening the management structure. No applicable transactions with the controlling shareholder or other related parties are reported.