Governance structure
parent company), voting rights ownership percentage: 51.3% (direct ownership: 51.3%; combined basis: —
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.
Disclosed the voting rights ownership percentage of MITSUBA Corporation, the parent company, its transaction relationships with the parent company group, measures to protect minority shareholders, and support for, and the recommendation that shareholders tender their shares in, the tender offer. No specific changes from the previous report were stated.
| Item | Details |
|---|---|
| Controlling shareholder | MITSUBA Corporation (parent company), voting rights ownership percentage: 51.3% (direct ownership: 51.3%; combined basis: —) |
| Changes this time | Disclosed the voting rights ownership percentage of MITSUBA Corporation, the parent company, its transaction relationships with the parent company group, measures to protect minority shareholders, and support for, and the recommendation that shareholders tender their shares in, the tender offer. No specific 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.To inform shareholders of matters concerning MITSUBA Corporation, the parent company, as a controlling shareholder, etc. Transactions with the parent company group are determined through individual discussions, competitive quotations and other procedures, in the same manner as transactions with general business partners. Accordingly, the company states that there is no particular impact on its management or business activities.