Special Committee for Reviewing Material Transactions with the Parent Group
First written in FY2024. 3 of 4 entries say "Advanced", first in FY2025. Latest entry: 2026-06-26.
4 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The specific matters considered by the Special Committee during the fiscal year were as follows: • Matters relating to transactions with the controlling shareholder and other relevant matters • Matters relating to borrowings made in connection with the establishment of a credit facility with the parent company」
The Special Committee for deliberating important transactions with the parent group met 4 times in the fiscal year ended March 2025 and considered matters relating to transactions with the controlling shareholder and the credit facility with the parent company. - FY2024First statedAnnual report
「We have established a Special Committee as an advisory body to the Board of Directors to protect the interests of minority shareholders in transactions between our company and the parent group (the parent company and its subsidiaries). The Special Committee deliberates on the necessity, reasonableness and appropriateness of important transactions and other actions conducted with the parent group, and submits its recommendations to the Board of Directors.」
Under a structure with Taisei Corporation as the parent company, the company explicitly identified a Special Committee for deliberating important transactions and other actions with the parent group as a new governance mechanism.