Governance structure
Company with an Audit and Supervisory Committeevoting rights ownership ratio: 33.45% after the acquisition on 10 June 2026), サイブリッジホールディングス株式会社 (19.81% held indirectly). サイブリッジ合同会社 is listed as an 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.
サイブリッジ合同会社 qualified as an other affiliated company as of 25 March 2026. Following the third-party allotment on 10 June 2026, its voting rights ownership ratio became 33.45% and is expected to reach 49.08% if all of the Seventh Series Share Acquisition Rights are exercised. Even after the transition to a Company with an Audit and Supervisory Committee on 26 August 2026, 3 of the 6 directors were nominated by the company.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 6 directors, including 3 outside directors |
| Number of independent officers | 3 |
| Committee | Audit and Supervisory Committee (outside members: all 3, 100%) |
| Controlling shareholder | サイブリッジ合同会社 (voting rights ownership ratio: 33.45% after the acquisition on 10 June 2026), サイブリッジホールディングス株式会社 (19.81% held indirectly). サイブリッジ合同会社 is listed as an other affiliated company. |
| Changes this time | サイブリッジ合同会社 qualified as an other affiliated company as of 25 March 2026. Following the third-party allotment on 10 June 2026, its voting rights ownership ratio became 33.45% and is expected to reach 49.08% if all of the Seventh Series Share Acquisition Rights are exercised. Even after the transition to a Company with an Audit and Supervisory Committee on 26 August 2026, 3 of the 6 directors were nominated by the company. |
Items this document does not state (2)
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.サイブリッジ合同会社 is a major shareholder and the largest shareholder that directly holds the Company's shares. The Company explains that it has the greatest influence on the Company's decision-making and business activities through the nomination of director candidates under the capital and business alliance agreement, the holding of the alliance council and the provision of business support. The Company also cites the benefits of being able to use development resources, expertise in web services, customer acquisition and awareness-raising capabilities, and M&A deal-sourcing functions.