Governance structure
voting rights ownership ratio: 39.2%; direct: 38.2%, indirect: 0.9%), KYORITSU MAINTENANCE CO.,LTD. (voting rights ownership ratio: 25.0%; direct: 25.0%
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.
This filing states only the number of directors, not how many of them are outside directors.
| Item | Details |
|---|---|
| Number of directors | Total number 12 / Outside Not disclosed |
| Controlling shareholder | DAIWA HOUSE INDUSTRY CO.,LTD. (voting rights ownership ratio: 39.2%; direct: 38.2%, indirect: 0.9%), KYORITSU MAINTENANCE CO.,LTD. (voting rights ownership ratio: 25.0%; direct: 25.0%) |
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.DAIWA HOUSE INDUSTRY CO.,LTD. is the Company's largest shareholder, holding 39.2% of the voting rights, while KYORITSU MAINTENANCE CO.,LTD. is a major shareholder, holding 25.0%. The Company explains that, in its relationship with both companies, it is able to make independent management decisions while maintaining its autonomy and independence.