Governance structure
holding 38.93% of the Company's shares
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 of Independent Officers was updated because 1 outside director who is an Audit and Supervisory Committee Member is scheduled to retire at the Annual General Meeting of Shareholders. The number of independent officers reported is scheduled to change from 4 to 3.
| Item | Details |
|---|---|
| Number of independent officers | 4 (scheduled to change to 3 after the planned change) |
| Controlling shareholder | YASKAWA Electric Corporation (holding 38.93% of the Company's shares) |
| Changes this time | The Notification of Independent Officers was updated because 1 outside director who is an Audit and Supervisory Committee Member is scheduled to retire at the Annual General Meeting of Shareholders. The number of independent officers reported is scheduled to change from 4 to 3. |
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.Because 1 outside director who is an Audit and Supervisory Committee Member is scheduled to retire at the Annual General Meeting of Shareholders.