Governance structure
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Number of directors | Of the 9 officers, the total number of directors and the number of outside directors are Not disclosed |
| Number of independent officers | The number of independent officers is Not disclosed |
| Controlling shareholder | GMO Internet Group, Inc., direct ownership 70.45%, portion subject to aggregation 3.14%, total 73.60%. The company is the parent company and is listed on the Prime Market of the Tokyo Stock Exchange. |
| Changes this time | No changes from the previous report are described. |
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.To report matters relating to the parent company, etc. The company states that its independence from the parent company is ensured because its dependence on business transactions with the parent company group is low and it makes decisions independently, primarily through its independent officers and full-time officers, who constitute a majority.