Governance structure
other affiliated company; voting rights ownership ratio: 20.31%
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 | TAISEI CORPORATION (other affiliated company; voting rights ownership ratio: 20.31%) |
| 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 relationship and business transactions with TAISEI CORPORATION. The Company explained that it determines transaction terms in the same manner as for general transactions and conducts business activities and makes management decisions under its own independent governance structure.