Governance structure
parent company, voting rights ownership ratio: 53.9%, listed on the Tokyo Stock Exchange Prime Market
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 | S Foods Inc. (parent company, voting rights ownership ratio: 53.9%, listed on the Tokyo Stock Exchange Prime Market) |
| 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.S Foods Inc. is the parent company, holding 53.9% of the voting rights of the Company, and the Company’s group has close capital and business relationships with it. Regarding the protection of minority shareholders, the Company explained that transaction terms are the same as those between independent parties and that the interest rate on deposits is determined reasonably, taking market interest rates into account.