Governance structure
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.
The proposed amendments to the Articles of Incorporation comprise the addition of telecommunications and construction vessel-related businesses to the Company's business purposes, changes concerning the persons authorized to convene General Meetings of Shareholders and meetings of the Board of Directors, the establishment of positions for directors with specific titles, and the establishment of an executive officer system, including the selection of the president from among the executive officers.
| Item | Details |
|---|---|
| Controlling shareholder | The parent company is described as the Company, but its name and voting rights ratio are Not disclosed |
| Changes this time | The proposed amendments to the Articles of Incorporation comprise the addition of telecommunications and construction vessel-related businesses to the Company's business purposes, changes concerning the persons authorized to convene General Meetings of Shareholders and meetings of the Board of Directors, the establishment of positions for directors with specific titles, and the establishment of an executive officer system, including the selection of the president from among the executive officers. |
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 align the Company's business purposes with the current business areas of the Company Group and the business development of its group companies. In addition, to enable the president to be selected from among the executive officers so that the optimal management structure can be established flexibly.