Governance structure
Company with an Audit and Supervisory CommitteeWhen 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.
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
A proposal to elect outside officers will be submitted to the annual general meeting of shareholders, and Inoue Toraki (井上寅喜) and Adachi Manabu (足立学) are listed as new appointees. All 7 outside directors have been designated as independent officers.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of independent officers | 7 |
| Controlling shareholder | There is no explicit statement that the company has no parent company; the name and voting rights ratio are Not disclosed |
| Changes this time | A proposal to elect outside officers will be submitted to the annual general meeting of shareholders, and Inoue Toraki (井上寅喜) and Adachi Manabu (足立学) are listed as new appointees. All 7 outside directors have been designated as independent officers. |
Items this document does not state (4)
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.Because a proposal to elect outside officers will be submitted to the annual general meeting of shareholders. The reasons given for the new appointees are the prevention of recurrence of fictitious orders and similar misconduct, and the further strengthening of internal controls and corporate governance.