Governance structure
Company with an Audit & Supervisory BoardWhen 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 outside director changed from Zhang Yingnan (張桜楠) to vacant upon the conclusion of the 26th Annual General Meeting of Shareholders. The attribute information for outside director Sheng Fang (盛放) changed.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of independent officers | 4 (2 outside directors and 2 outside corporate auditors) |
| Controlling shareholder | No controlling shareholder is disclosed. Mutual Crown Limited is listed as a major shareholder, and Belle International Holdings Limited as its indirect controlling party, but the voting rights ratio is Not disclosed |
| Changes this time | The outside director changed from Zhang Yingnan (張桜楠) to vacant upon the conclusion of the 26th Annual General Meeting of Shareholders. The attribute information for outside director Sheng Fang (盛放) changed. |
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.The outside director changed from Zhang Yingnan (張桜楠) to vacant upon the conclusion of the 26th Annual General Meeting of Shareholders, and the attribute information for Sheng Fang (盛放) changed.