Governance structure
other affiliated company; voting rights ownership ratio: 40.34% [including aggregated holdings]; listed on the Tokyo Stock Exchange, Nagoya Stock Exchange and New York Stock Exchange), Mitsubishi UFJ Bank, Ltd. (other affiliated company; voting rights ownership ratio: 40.18% [direct holdings]; unlisted
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.
On 14 March 2025, the Company resolved to enter into a capital and business alliance agreement with Mitsubishi UFJ Bank involving a third-party allotment of new shares, and payment for the issuance of the new shares was completed on 12 September 2025. As of 31 March 2026, 3 directors were from Mitsubishi UFJ Bank.
| Item | Details |
|---|---|
| Controlling shareholder | Mitsubishi UFJ Financial Group, Inc. (other affiliated company; voting rights ownership ratio: 40.34% [including aggregated holdings]; listed on the Tokyo Stock Exchange, Nagoya Stock Exchange and New York Stock Exchange), Mitsubishi UFJ Bank, Ltd. (other affiliated company; voting rights ownership ratio: 40.18% [direct holdings]; unlisted) |
| Changes this time | On 14 March 2025, the Company resolved to enter into a capital and business alliance agreement with Mitsubishi UFJ Bank involving a third-party allotment of new shares, and payment for the issuance of the new shares was completed on 12 September 2025. As of 31 March 2026, 3 directors were from Mitsubishi UFJ Bank. |
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.The Company explained that MUFG has the greatest influence on it because Mitsubishi UFJ Bank is a wholly owned subsidiary of Mitsubishi UFJ Financial Group. The Company also stated that, while expanding its collaboration with the MUFG Group, it is pursuing its own business development and maintaining a certain degree of independence.