Governance structure
aggregate ownership of 46.9%), SoftBank Group Japan Corporation (aggregate ownership of 46.9%), SoftBank Corp. (aggregate ownership of 46.9%), and A Holdings Corporation (aggregate ownership of 46.9%).
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 | 10 in total, including 6 outside directors (independent outside directors) |
| Number of independent officers | 6 (independent outside directors) |
| Controlling shareholder | There is no controlling shareholder. LY Corporation, an other affiliated company, directly holds 46.9% of the voting rights. The parent companies of the other affiliated companies are SoftBank Group Corp. (aggregate ownership of 46.9%), SoftBank Group Japan Corporation (aggregate ownership of 46.9%), SoftBank Corp. (aggregate ownership of 46.9%), and A Holdings Corporation (aggregate ownership of 46.9%). |
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.To provide information on matters concerning controlling shareholders, etc. LY Corporation was identified as the company with the greatest influence on the listed company because it holds 46.9% of the voting rights and has 2 secondees serving as officers of the company.