Governance structure
however, AVI Japan Opportunity Trust plc holds more than 10% of the voting rights
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.
Election at the general meeting of shareholders held on 24 June 2026. Suhama Yoichi (洲濵陽一), Bellamy, Jason Orlando, Hosokawa Ken (細川健) and Muto Tatsuhiro (武藤竜弘) are newly appointed. Suhama Yoichi (洲濵陽一), Hosokawa Ken (細川健) and Muto Tatsuhiro (武藤竜弘) were designated as independent officers.
| Item | Details |
|---|---|
| Number of directors | 5 outside directors and 3 outside corporate auditors (the total number of directors and the number of inside directors are not stated) |
| Number of independent officers | 5 (3 outside directors and 2 outside Audit & Supervisory Board members) |
| Controlling shareholder | No controlling shareholder or parent company is stated (however, AVI Japan Opportunity Trust plc holds more than 10% of the voting rights) |
| Changes this time | Election at the general meeting of shareholders held on 24 June 2026. Suhama Yoichi (洲濵陽一), Bellamy, Jason Orlando, Hosokawa Ken (細川健) and Muto Tatsuhiro (武藤竜弘) are newly appointed. Suhama Yoichi (洲濵陽一), Hosokawa Ken (細川健) and Muto Tatsuhiro (武藤竜弘) were designated as independent officers. |
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.Election at the general meeting of shareholders held on 24 June 2026. All persons who meet the qualifications for independent officers have been designated as independent officers.