Governance structure
Company with an Audit & Supervisory Boardother affiliated company
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 9 directors in total, including 4 outside directors |
| Controlling shareholder | Mitsui Kinzoku Company,Limited, voting rights ownership ratio of 31.94% (other affiliated company) |
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.The Company explained that, as a company listed on the Standard Market, it assumes management responsibility independently and conducts its business independently. It cited the introduction of management expertise and ensuring propriety as reasons for appointing officers, and strengthening the accounting and general affairs departments as reasons for accepting seconded personnel.