Governance structure
parent company; voting rights ownership ratio: 62.49%
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Number of directors | 8 directors in total, of whom the number of outside directors is Not disclosed |
| Number of independent officers | 4 |
| Controlling shareholder | SOFTCREATE HOLDINGS CORP. (parent company; voting rights ownership ratio: 62.49%) |
| Changes this time | No changes from the previous report are described. |
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.To inform investors about the relationship with the parent company, which is the controlling shareholder, the details of transactions, independence, and measures to protect minority shareholders. The company explains that the Board of Directors approves an annual transaction limit after considering the business necessity and appropriateness of the transactions.