Governance structure
voting rights ownership ratio: 47.68%; direct ownership: 47.46%; portion included in the aggregate: 0.22%
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 were stated. The disclosure states that the capital and business alliance with Mitsubishi Gas Chemical Company,Inc. was dissolved on 22 December 2023.
| Item | Details |
|---|---|
| Committee | Governance Special Committee (composed solely of outside directors) |
| Controlling shareholder | No controlling shareholder. The other related company is Mitsubishi Gas Chemical Company,Inc. (voting rights ownership ratio: 47.68%; direct ownership: 47.46%; portion included in the aggregate: 0.22%) |
| Changes this time | No changes were stated. The disclosure states that the capital and business alliance with Mitsubishi Gas Chemical Company,Inc. was dissolved on 22 December 2023. |
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.To provide information on matters concerning controlling shareholders, etc. The capital and business alliance with Mitsubishi Gas Chemical Company,Inc. was dissolved on 22 December 2023, and the Company has determined that it is desirable to enhance group corporate value while pursuing its own growth strategy. The Company also recognizes that its management autonomy and independence are secured.