Governance structure
35.3% on an aggregated basis, other affiliated company); 東京電力パワーグリッド株式会社 (34.5% directly, 0.3% indirectly, 34.8% in total, 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.
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.
| Item | Details |
|---|---|
| Number of directors | 12 directors in total, including 4 outside directors |
| Number of independent officers | 6 (4 outside directors and 2 outside corporate auditors) |
| Controlling shareholder | Tokyo Electric Power Company Holdings,Incorporated (35.3% on an aggregated basis, other affiliated company); 東京電力パワーグリッド株式会社 (34.5% directly, 0.3% indirectly, 34.8% in total, other affiliated company) |
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.Tokyo Electric Power Company Holdings,Incorporated is the wholly owning parent company of 東京電力パワーグリッド株式会社, which directly owns voting rights in our company. To maintain independence from the parent company, important matters are deliberated in advance by the Management Meeting, and final decisions are made by the Board of Directors based on recommendations and other input from independent officers.