Governance structure
parent company; voting rights ownership percentage of at least 45.84%; 51.81% as of 31 March 2026; listed on the Tokyo Stock Exchange Prime Market
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.
Reported the parent company's voting rights ownership percentage following the issuance of new shares through a public offering. The parent company's debt guarantee was eliminated through refinancing in April 2026. Other changes from the previous report are Not disclosed
| Item | Details |
|---|---|
| Number of directors | 10 directors in total, including 5 independent outside directors (the total number of outside directors is Not disclosed) |
| Number of independent officers | 5 (independent outside directors) |
| Committee | Group Company Intercompany Transaction Conflicts of Interest Oversight Committee. Composed exclusively of all independent outside directors. The figures for the number of committee members and the percentage of outside members are Not disclosed |
| Controlling shareholder | SUMITOMO CHEMICAL COMPANY,LIMITED (parent company; voting rights ownership percentage of at least 45.84%; 51.81% as of 31 March 2026; listed on the Tokyo Stock Exchange Prime Market) |
| Changes this time | Reported the parent company's voting rights ownership percentage following the issuance of new shares through a public offering. The parent company's debt guarantee was eliminated through refinancing in April 2026. Other changes from the previous report are Not disclosed |
Items this document does not state (3)
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 voting rights ownership percentage declined due to the issuance of new shares through a public offering. In addition, the parent company's debt guarantee was eliminated because the company refinanced its borrowings with debt not accompanied by a debt guarantee.