Governance structure
other affiliated company; voting rights ownership ratio: 24.74%. No direct ownership; 24.74% is included on a consolidated basis through subsidiaries and other entities
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 | HIKARI TSUSHIN,INC. (other affiliated company; voting rights ownership ratio: 24.74%. No direct ownership; 24.74% is included on a consolidated basis through subsidiaries and other entities) |
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.To provide notification regarding matters concerning the controlling shareholder, etc. HIKARI TSUSHIN,INC. holds 24.74% of the voting rights through its subsidiaries and other entities and is deemed to have substantial influence, so it is classified as an other affiliated company.