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.
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.
The notification was made in connection with the submission of a proposal to elect outside officers at the Annual General Meeting of Shareholders. Yamashita Kakuji (山下覚司) is newly appointed. Ogoshi Yumi (生越由美), Utsumi Yasuhito (内海康仁) and Mori Nobuki (森信茂樹) have been reported as independent officers.
| Item | Details |
|---|---|
| Number of directors | 5 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 3 |
| Controlling shareholder | The filing states that 光和物産株式会社 is a shareholder of the Company, but whether it qualifies as a controlling shareholder and its voting rights ratio are not disclosed: Not disclosed |
| Changes this time | The notification was made in connection with the submission of a proposal to elect outside officers at the Annual General Meeting of Shareholders. Yamashita Kakuji (山下覚司) is newly appointed. Ogoshi Yumi (生越由美), Utsumi Yasuhito (内海康仁) and Mori Nobuki (森信茂樹) have been reported 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.Because proposals for the election of outside officers will be submitted to the Annual General Meeting of Shareholders.