Governance structure
Company with an Audit & Supervisory Boardstated as “not applicable” for Code 4-8③
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.
Basic Policy, Article 7. The specific reduction policy, number of issues and amount are not disclosed. The company does not engage in transactions that harm the interests of the company or its shareholders as a whole, including continuing transactions with cross-shareholding shareholders without sufficiently verifying their economic rationale.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Policy on cross-shareholdings | Basic Policy, Article 7. The specific reduction policy, number of issues and amount are not disclosed. The company does not engage in transactions that harm the interests of the company or its shareholders as a whole, including continuing transactions with cross-shareholding shareholders without sufficiently verifying their economic rationale. |
| Controlling shareholder | None (stated as “not applicable” for Code 4-8③) |
Items this document does not state (5)
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.All principles and supplementary principles of the Corporate Governance Code have been implemented.