Governance structure
Company with a Board of Corporate Auditors (the document refers to outside corporate auditors but does not explicitly mention a Board of Corporate Auditors; therefore, the institutional design is Not disclosed)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.
The notification was filed because a proposal for the election of outside officers will be submitted to the Annual General Meeting of Shareholders. Newly appointed Kobayashi Toshinori (小林俊範) is listed and designated as an independent officer. Fukushima Misato (福嶋美里) is an outside corporate auditor, but is not designated in the independent officer field.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with a Board of Corporate Auditors (the document refers to outside corporate auditors but does not explicitly mention a Board of Corporate Auditors; therefore, the institutional design is Not disclosed) |
| Number of independent officers | 5 |
| Controlling shareholder | There is no explicit statement that the company has no controlling shareholder; the document only states that it does not fall under a parent company or equivalent entity. |
| Changes this time | The notification was filed because a proposal for the election of outside officers will be submitted to the Annual General Meeting of Shareholders. Newly appointed Kobayashi Toshinori (小林俊範) is listed and designated as an independent officer. Fukushima Misato (福嶋美里) is an outside corporate auditor, but is not designated in the independent officer field. |
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.Because a proposal for the election of outside officers will be submitted to the Annual General Meeting of Shareholders. Kobayashi Toshinori (小林俊範) has been designated as an independent officer because he does not fall under categories such as a former employee of the parent company, a sibling company or a major shareholder company, and there is no risk of a conflict of interest with general shareholders.