Governance structure
other affiliated company; voting rights ownership ratio: 24.39%; directly owned: 14.64%; included in combined ownership: 9.75%
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 | SAIBU GAS HOLDINGS CO.,LTD. (other affiliated company; voting rights ownership ratio: 24.39%; directly owned: 14.64%; included in combined ownership: 9.75%) |
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.Because SAIBU GAS HOLDINGS CO.,LTD. qualifies as an other affiliated company of the Company. The Company states that it makes independent decisions regarding its business operations and maintains its independence from its parent company and other related entities.