Governance structure
parent company; voting rights ownership ratio: 53.9%; direct ownership). 株式会社森トラスト・ホールディングス (parent company; voting rights ownership ratio: 53.9%; included in the aggregate ownership). Neither is a listed company.
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 |
|---|---|
| Committee | Special committee (percentage of outside members: not disclosed) |
| Controlling shareholder | 森トラスト株式会社 (parent company; voting rights ownership ratio: 53.9%; direct ownership). 株式会社森トラスト・ホールディングス (parent company; voting rights ownership ratio: 53.9%; included in the aggregate ownership). Neither is a listed company. |
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.森トラスト株式会社 directly owns 53.9% of the total voting rights in the company and has entered into a capital and business alliance agreement with it. Regarding the protection of minority shareholders, the company cites decision-making based on its ordinary transaction standards and deliberation and review by a special committee for material transactions that may involve conflicts of interest.