Governance structure
other affiliated company, 20.66% directly), LOGISTEED Holdings, Ltd. (other affiliated company, 20.66% indirectly
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 |
|---|---|
| Controlling shareholder | LOGISTEED Corporation (other affiliated company, 20.66% directly), LOGISTEED Holdings, Ltd. (other affiliated company, 20.66% indirectly) |
Items this document does not state (7)
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 mutually leverage the networks and expertise of both companies based on their capital and business alliance, provide services through collaboration between forwarding and 3PL, maximize the corporate value of both companies, and fulfill their social mission. The reasons LOGISTEED Corporation has the greatest influence on the Company are that it directly holds 20.66% of the voting rights, the Company is its equity-method affiliate, and the two groups conduct logistics-related transactions.