Governance structure
Company with an Audit and Supervisory Committeeother affiliated company): BUSINESS BRAIN SHOWA・OTA INC. Voting rights ratio: Not disclosed
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.
Morimoto Koichi (森本宏一) has been designated as a newly appointed independent officer. The notification was updated in connection with the submission of a proposal to elect an outside director at the Annual General Meeting of Shareholders.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of independent officers | 3 |
| Controlling shareholder | Parent company, etc. (other affiliated company): BUSINESS BRAIN SHOWA・OTA INC. Voting rights ratio: Not disclosed |
| Changes this time | Morimoto Koichi (森本宏一) has been designated as a newly appointed independent officer. The notification was updated in connection with the submission of a proposal to elect an outside director at the Annual General Meeting of Shareholders. |
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 a proposal to elect an outside director was submitted to the Annual General Meeting of Shareholders. Morimoto Koichi (森本宏一) will be designated as an independent officer because the company determined that he meets the Tokyo Stock Exchange's independence criteria and is unlikely to have conflicts of interest with general shareholders.