Governance structure
Company with an Audit and Supervisory Committeedirect ownership 41.41%, ownership subject to aggregation 0.00%). Classification: other affiliated company.
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 11 directors (of whom the number of outside directors is Not disclosed) |
| Committee | Audit and Supervisory Committee (proportion of outside members: Not disclosed) |
| Controlling shareholder | The Chugoku Electric Power Company,Incorporated, voting rights ownership percentage 41.41% (direct ownership 41.41%, ownership subject to aggregation 0.00%). Classification: other affiliated company. |
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.To disclose capital, business and personnel relationships with controlling shareholders, as well as the listed company's independence and transaction terms.