Governance structure
direct ownership: 59.74%; portion subject to aggregation: —
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 |
|---|---|
| Number of independent officers | 3 |
| Committee | Special committee (percentage of outside members: not disclosed) |
| Controlling shareholder | CROPS CORPORATION, voting rights ownership ratio 59.74% (direct ownership: 59.74%; portion subject to aggregation: —) |
Items this document does not state (5)
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 report matters concerning controlling shareholders, etc., and the status of implementation of measures to protect minority shareholders when conducting transactions, etc. with the controlling shareholder.