Governance structure
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.
Submitted because a proposal to appoint outside directors will be submitted to the Annual General Meeting of Shareholders. Yoshikazu Namekata (行方洋一) and Yuji Suzuki (鈴木裕司) are listed as new appointees.
| Item | Details |
|---|---|
| Number of directors | 7 outside directors, including 6 independent officers (total number of directors: Not disclosed) |
| Number of independent officers | 6 |
| Committee | Nomination and Compensation Committee (proportion of outside members: Not disclosed). Related-Party Transaction Review Advisory Committee (proportion of outside members: Not disclosed) |
| Controlling shareholder | The major shareholder is LINE Yahoo Corporation. The voting rights ratio is Not disclosed. Whether it is a controlling shareholder or parent company is Not disclosed. |
| Changes this time | Submitted because a proposal to appoint outside directors will be submitted to the Annual General Meeting of Shareholders. Yoshikazu Namekata (行方洋一) and Yuji Suzuki (鈴木裕司) are listed as new appointees. |
Items this document does not state (3)
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 to elect outside directors will be submitted to the annual general meeting.