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 currently hold cross-shareholdings. It will hold such shares only when necessary and will reduce its holdings if the purpose of holding them or other relevant considerations become less compelling.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not adopted (there are currently no plans to adopt one)
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
The company introduced an electronic voting rights exercise system starting with the annual general meeting held in June 2026. No other changes from the previous report have been specified.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 9 directors (including 5 outside directors) |
| Number of independent officers | 4 |
| Committee | Audit and Supervisory Committee (3 of 4 members are outside members, or 75%). No voluntary advisory bodies, such as nomination or compensation committees, have been established. |
| Policy on cross-shareholdings | The company does not currently hold cross-shareholdings. It will hold such shares only when necessary and will reduce its holdings if the purpose of holding them or other relevant considerations become less compelling. |
| Takeover defenses | Not adopted (there are currently no plans to adopt one) |
| Controlling shareholder | The representative director and president, who is the founder, is the controlling shareholder. No voting rights ratio is stated. |
| Changes this time | The company introduced an electronic voting rights exercise system starting with the annual general meeting held in June 2026. No other changes from the previous report have been specified. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To improve the convenience of exercising voting rights for shareholders, enhance dialogue, ensure management transparency and objectivity, and respond to changes in business scale and the corporate governance structure.