Governance structure
other affiliated company; voting rights ownership ratio: 29.46%; consolidated amount held through subsidiaries, etc.
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: 29.46%; consolidated amount held through subsidiaries, etc.) |
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.Although HIKARI TSUSHIN,INC. does not directly hold voting rights in our company, it holds 29.46% through its subsidiaries, etc., and has substantial influence. It is therefore classified as an other affiliated company.