Governance structure
other affiliated company; voting rights ownership ratio: 17.40%; direct ownership: 17.40%; indirect ownership: 0.00%. Listed on the Prime Market of the Tokyo Stock Exchange and the New York Stock Exchange
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.
Because directors and officers seconded by SONY GROUP CORPORATION were not reappointed and no other directors or officers were seconded, the significant influence based on personnel ties was eliminated, and the Company no longer qualifies as an equity-method affiliate of SONY GROUP CORPORATION. There have been no material changes in the shareholding status, transactions including the agreement licensing the use of the corporate name and trademarks, or other business ties.
| Item | Details |
|---|---|
| Controlling shareholder | SONY GROUP CORPORATION (other affiliated company; voting rights ownership ratio: 17.40%; direct ownership: 17.40%; indirect ownership: 0.00%. Listed on the Prime Market of the Tokyo Stock Exchange and the New York Stock Exchange) |
| Changes this time | Because directors and officers seconded by SONY GROUP CORPORATION were not reappointed and no other directors or officers were seconded, the significant influence based on personnel ties was eliminated, and the Company no longer qualifies as an equity-method affiliate of SONY GROUP CORPORATION. There have been no material changes in the shareholding status, transactions including the agreement licensing the use of the corporate name and trademarks, or other business ties. |
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.At the Annual General Meeting of Shareholders held on 25 June 2026, directors and officers seconded by SONY GROUP CORPORATION who had remained in office after the spin-off were not reappointed, and no other directors or officers were seconded. As a result, the significant influence based on personnel ties was eliminated.