Governance structure
16.376% held directly and 0.004% subject to aggregation).
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 | 9 directors, including Not disclosed outside directors |
| Controlling shareholder | There is no controlling shareholder or parent company. MITSUI & CO.,LTD. is an other affiliated company, with a voting rights ownership ratio of 16.380% (16.376% held directly and 0.004% subject to aggregation). |
| 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.The Company has entered into a capital and business alliance with MITSUI & CO.,LTD. to strengthen cooperation across the value chain of the meat business, from raw material procurement through processing and sales, and to enhance the corporate value of both companies. The Company believes that strengthening the relationship on an equal footing will generate synergies while preserving management independence. Concurrently serving officers provide appropriate advice by drawing on their knowledge and networks in the food industry, while secondees are accepted to strengthen the sales structure.