Governance structure
9.29% ownership), TAIHEIYO CEMENT CORPORATION (2.91% ownership), and Sumitomo Electric Industries,Ltd. (1.05% ownership).
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.
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.
The Independent Officer Notification Form was submitted because a proposal to appoint outside officers will be submitted to the Annual General Meeting of Shareholders. No specific details of the changes are provided.
| Item | Details |
|---|---|
| Number of independent officers | 5 |
| Controlling shareholder | No information is provided on a controlling shareholder or parent company. The following are listed as major shareholders: ＵＢＥ三菱セメント株式会社 (9.29% ownership), TAIHEIYO CEMENT CORPORATION (2.91% ownership), and Sumitomo Electric Industries,Ltd. (1.05% ownership). |
| Changes this time | The Independent Officer Notification Form was submitted because a proposal to appoint outside officers will be submitted to the Annual General Meeting of Shareholders. No specific details of the changes are provided. |
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.Because proposals for the election of outside officers will be submitted to the Annual General Meeting of Shareholders.