Governance structure
parent company), voting rights ownership ratio: 40.18% (direct ownership: 37.58%; ownership included in the aggregation: 2.60%
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 |
|---|---|
| Number of directors | 10 directors in total, of whom the number of outside directors was not disclosed |
| Controlling shareholder | Mitsubishi UFJ Financial Group,Inc. (parent company), voting rights ownership ratio: 40.18% (direct ownership: 37.58%; ownership included in the aggregation: 2.60%) |
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 provide information on matters concerning controlling shareholders, etc. The company explained that transactions with the parent company group are subject to rigorous review based on internal rules and other standards, in accordance with fair market rules and appropriate business practices, in the same manner as transactions with other companies, thereby ensuring fairness.