Governance structure
parent company, listed on the Tokyo Stock Exchange Prime Market), voting rights ratio of 62.9% (direct ownership
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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Number of directors | 6 directors, of whom the number of outside directors is not disclosed |
| Number of independent officers | The disclosure states that there are independent officers and dedicated officers constituting a majority, but the number of independent officers is not disclosed |
| Controlling shareholder | TerraSky Co.,Ltd (parent company, listed on the Tokyo Stock Exchange Prime Market), voting rights ratio of 62.9% (direct ownership) |
| Changes this time | Changes from the previous report: Not disclosed |
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 clearly separate the business areas within the parent company group and ensure the Company's independent management decisions. An officer concurrently serving as an officer of the parent company is appointed to draw on extensive management and oversight experience and obtain advice on the Company's business. For transactions with the parent company group, their rationality and the appropriateness of their terms are verified by comparison with the terms of transactions with other companies from the perspective of protecting minority shareholders.