Governance structure
voting rights ratio: Not disclosed
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 was updated because a proposal to elect outside directors will be submitted to the annual general meeting of shareholders. Yagi Keisuke (八木啓介) and Nagamachi Shinichi (長町真一) were newly designated as independent officers, while the designations of Yamazaki Shunichi (山﨑俊一) and Abe Kazuhiko (阿部和彦) were removed. Matsukura Makoto (松倉誠) was newly appointed as an outside director but was not designated as an independent officer.
| Item | Details |
|---|---|
| Number of directors | 5 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 2 |
| Controlling shareholder | Major shareholder: KI-STAR REAL ESTATE CO.,LTD (voting rights ratio: Not disclosed) |
| Changes this time | The notification was updated because a proposal to elect outside directors will be submitted to the annual general meeting of shareholders. Yagi Keisuke (八木啓介) and Nagamachi Shinichi (長町真一) were newly designated as independent officers, while the designations of Yamazaki Shunichi (山﨑俊一) and Abe Kazuhiko (阿部和彦) were removed. Matsukura Makoto (松倉誠) was newly appointed as an outside director but was not designated as an independent officer. |
Items this document does not state (4)
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 of shareholders. Yagi Keisuke (八木啓介) and Nagamachi Shinichi (長町真一) satisfy the independence requirements prescribed by the exchange, and it was determined that they have no risk of a conflict of interest with general shareholders. Yamazaki Shunichi (山﨑俊一), Matsukura Makoto (松倉誠) and Abe Kazuhiko (阿部和彦) are executive officers of the major shareholder, KI-STAR REAL ESTATE CO.,LTD, and therefore have not been designated as independent officers.