Governance structure
direct ownership: 49.49%; amount included in total: -
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 |
|---|---|
| Number of directors | 5 (of whom the number of Outside Directors is Not disclosed) |
| Committee | Meeting for exchanging views on nominations and compensation (outside members comprise a majority), special committee (comprising all independent outside directors and independent outside Audit & Supervisory Board Members; ratio: not disclosed) |
| Controlling shareholder | The Company has no controlling shareholder. Other affiliated company: Hokuriku Electric Power Company; voting rights ownership ratio: 49.49% (direct ownership: 49.49%; amount included in total: -) |
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.To provide information necessary for investors to understand and assess the relationship with controlling shareholders, etc., the basic policy for group management, and independence from other affiliated companies.