Governance structure
other affiliated company; percentage of voting rights held: 22.62%; directly held: 0%; included in aggregate: 22.62%
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.
HIKARI TSUSHIN,INC.'s status as an other affiliated company and its indirect ownership of 22.62% of the voting rights as of 31 March 2026 were disclosed. No changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | HIKARI TSUSHIN,INC. (other affiliated company; percentage of voting rights held: 22.62%; directly held: 0%; included in aggregate: 22.62%) |
| Changes this time | HIKARI TSUSHIN,INC.'s status as an other affiliated company and its indirect ownership of 22.62% of the voting rights as of 31 March 2026 were disclosed. No changes from the previous report were stated. |
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.Although HIKARI TSUSHIN,INC. does not directly hold voting rights in the Company, it is the parent company of the Company's shareholder and joint holder and is deemed to have substantive influence over the Company. It is therefore classified as an other affiliated company.