Governance structure
15.24% of the Company's issued shares) and WAKACHIKU CONSTRUCTION CO.,LTD. (13.68%) are listed as major shareholders, but the Company explains that neither exerts a controlling influence over its management.
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.
An Independent Officer Notification Form was submitted because a proposal for the election of directors will be submitted to the annual general meeting of shareholders. The scheduled date of the change is 2026/6/25. The specific changes from the previous report are Not disclosed.
| Item | Details |
|---|---|
| Number of independent officers | 4 |
| Controlling shareholder | No controlling shareholder. Showa Chemical Industry Co.,Ltd. (15.24% of the Company's issued shares) and WAKACHIKU CONSTRUCTION CO.,LTD. (13.68%) are listed as major shareholders, but the Company explains that neither exerts a controlling influence over its management. |
| Changes this time | An Independent Officer Notification Form was submitted because a proposal for the election of directors will be submitted to the annual general meeting of shareholders. The scheduled date of the change is 2026/6/25. The specific changes from the previous report are Not disclosed. |
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.Because a proposal to elect directors will be submitted to the annual general meeting of shareholders.