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.
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.
No specific changes from the previous report are stated
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 7, including 4 Outside Directors |
| Number of independent officers | 4 |
| Committee | Nomination and Compensation Advisory Committee. It comprises all outside directors and the Group President and Executive Officer; outside members account for 4 of 5 members (80%). |
| Controlling shareholder | DENTSU GROUP INC., with a 52.49% voting rights ownership ratio. Listed on the Prime Market of the Tokyo Stock Exchange |
| Changes this time | No specific changes from the previous report are stated |
Items this document does not state (2)
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 concerning controlling shareholders, etc. The report explains that transactions with the parent company are determined through negotiations, taking market prices and the nature of the business into consideration.