Governance structure
Company with an Audit & Supervisory Boardlisted on the New York Stock Exchange). Indirectly holds 35.37% of the voting rights through 5 subsidiaries. Other affiliated companies, etc., are also listed.
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 9 directors, including 3 outside directors |
| Number of independent officers | 3 |
| Committee | Nomination Committee and Compensation Committee. Independent outside directors constitute a majority of each committee, and each committee is chaired by an independent outside director (the specific percentage of outside committee members is Not disclosed). |
| Controlling shareholder | McDonald's Corporation (listed on the New York Stock Exchange). Indirectly holds 35.37% of the voting rights through 5 subsidiaries. Other affiliated companies, etc., are also listed. |
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.McDonald's Corporation is the top-level parent company in the capital structure of 5 affiliated companies, and the Company uses trademarks, know-how and other assets through a licensing agreement with McDonald's Corporation. Concurrently serving officers were appointed based on the determination that they were suitable for enhancing corporate value or strengthening the functions of the Board of Directors and the Board of Corporate Auditors, taking into account their experience and expertise.