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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 7 directors in total, including 2 outside directors |
| Number of independent officers | 2 |
| Committee | Risk and Compliance Committee (1 outside member out of 6, approximately 16.7%). No voluntary committees equivalent to nomination and compensation committees have been established. |
| Controlling shareholder | Controlling shareholder and parent company: Not disclosed |
| Changes this time | Changes from the previous report: Not disclosed |
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.The company determined that this structure would best balance prompt decision-making and efficient business execution in line with its business scale with appropriate supervision and oversight.