Governance structure
parent company; voting rights ownership percentage: direct 61.05%, portion included in aggregated calculation: —, total 61.05%; 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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Controlling shareholder | The Sumitomo Warehouse Co.,Ltd. (parent company; voting rights ownership percentage: direct 61.05%, portion included in aggregated calculation: —, total 61.05%; listed on the Tokyo Stock Exchange Prime Market) |
| 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 provide information on the status of the controlling shareholder, etc. concerning the parent company. Regarding the protection of minority shareholders, the Company explains that their interests are protected because the terms of transactions with the parent company are appropriately determined on the basis of economic rationality, in the same manner as transactions with general business partners, and the Company conducts its business based on its own independent decisions.