Governance structure
other affiliated company, voting rights ownership ratio: 20.32%; listed on the Tokyo Stock Exchange Prime 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.
| Item | Details |
|---|---|
| Controlling shareholder | Shizuoka Financial Group,Inc. (other affiliated company, voting rights ownership ratio: 20.32%; listed on the Tokyo Stock Exchange Prime Market) |
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.Because Shizuoka Financial Group,Inc. is an other affiliated company of the Company and its largest shareholder. The Company explained that it conducts its business activities independently and has secured its independence.