Governance structure
other affiliated company; voting rights ownership ratio: 34.9% directly, 1.0% included in the aggregate, 35.9% in total. Listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier 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 | Kobe Steel,Ltd. (other affiliated company; voting rights ownership ratio: 34.9% directly, 1.0% included in the aggregate, 35.9% in total. Listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier 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.To disclose the company's relationship and transaction details involving its controlling shareholder, etc., and the status of measures to ensure independence. The company explained that it operates as a trading company for the Kobe Steel,Ltd. group.