Governance structure
Company with an Audit and Supervisory CommitteeWhen 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 Company does not hold any shares as policy shareholdings.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not introduced (there are currently no plans to introduce any).
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
No specific changes from the previous report are stated.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of independent officers | 1 |
| Committee | Audit & Supervisory Committee (2 outside members out of 3 Audit & Supervisory Committee members; outside members account for 2/3). No advisory committees, such as a Nomination Committee or Compensation Committee, have been established. |
| Policy on cross-shareholdings | The Company does not hold any shares as policy shareholdings. |
| Takeover defenses | Not introduced (there are currently no plans to introduce any). |
| Controlling shareholder | The Company currently has no controlling shareholder. |
| Changes this time | No specific changes from the previous report are stated. |
Items this document does not state (1)
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 describe the Company's initiatives and policies based on the Corporate Governance Code.