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.
Whether any measures have been introduced is not specified. However, the Articles of Incorporation provide that the shareholders meeting may establish a basic policy for responding to large-scale acquisitions.
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
Changes from the previous report: not disclosed
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | No more than 10 (number of outside directors: Not disclosed) |
| Takeover defenses | Whether any measures have been introduced is not specified. However, the Articles of Incorporation provide that the shareholders meeting may establish a basic policy for responding to large-scale acquisitions. |
| Controlling shareholder | Controlling shareholder and parent company: Not disclosed |
| Changes this time | Changes from the previous report: not disclosed |
Items this document does not state (3)
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.This is a provision of the Articles of Incorporation, and no reason for the change is stated.