Governance structure
Takashimaya Company, Limited holds 13% of the shares as a major shareholder
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.
Hisakawa Hidehito (久川秀仁) was newly filed as an independent officer. An agenda item concerning the election of outside officers was submitted to the annual general meeting of shareholders.
| Item | Details |
|---|---|
| Number of directors | 4 outside directors, including 3 independent officers, and 2 outside Audit & Supervisory Board members. The total number of directors is Not disclosed |
| Number of independent officers | 5 (3 outside directors and 2 outside Audit & Supervisory Board members) |
| Controlling shareholder | The controlling shareholder and parent company are Not disclosed (Takashimaya Company, Limited holds 13% of the shares as a major shareholder) |
| Changes this time | Hisakawa Hidehito (久川秀仁) was newly filed as an independent officer. An agenda item concerning the election of outside officers was submitted to the annual general meeting of shareholders. |
| Additional information | Kato Kyoko (加藤恭子) is an executive of Takashimaya Company, Limited, which holds 13% of the company's shares as a major shareholder. Miyamoto Toshihiko (宮本敏彦) is the representative director of business partner 丸紅インテックス株式会社. |
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.An agenda item concerning the election of outside officers was submitted to the annual general meeting of shareholders, and the filing was made for those who meet the eligibility requirements for independent officers. With respect to Hisakawa Hidehito (久川秀仁), the company determined that there is no risk of a conflict of interest with general shareholders and that his independence is ensured.