Governance structure
other affiliated company; voting rights ownership ratio: 23.8%; direct ownership: 23.8%) and BGO Blossoms Investment LLC (parent company of an other affiliated company; voting rights ownership ratio: 23.8%; amount included in aggregation: 23.8%
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 | Blossoms Holding HK Limited (other affiliated company; voting rights ownership ratio: 23.8%; direct ownership: 23.8%) and BGO Blossoms Investment LLC (parent company of an other affiliated company; voting rights ownership ratio: 23.8%; amount included in aggregation: 23.8%) |
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.The company explained that Blossoms Holding HK Limited has the greatest influence on the listed company because it directly holds 23.8% of total voting rights and has the right to nominate directors and the right to prior consultation on important matters under the capital and business alliance agreement.