Governance structure
Company with an Audit and Supervisory Committeea major shareholder of the company, ranked third among shareholders, with a 1.72% shareholding). Whether it is a controlling shareholder or parent company, and its 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.
With 25 June 2026 scheduled as the effective date of the change, the 3 individuals Okazumi Sadahiro (岡住貞宏), Kojima Ikkei (小嶋一慶) and Kojima Hirokazu (兒島宏和) are expected to become new outside directors. Okazumi Sadahiro (岡住貞宏) and Kojima Ikkei (小嶋一慶) will be designated as independent officers. Kojima Hirokazu (兒島宏和), who already meets the eligibility requirements, will also be designated as an independent officer.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | The company has 4 outside directors, comprising 1 outside director who is not an Audit and Supervisory Committee member and 3 outside directors who are Audit and Supervisory Committee members. Total number of directors: Not disclosed |
| Number of independent officers | 4 |
| Controlling shareholder | TRANSGENIC GROUP INC. (a major shareholder of the company, ranked third among shareholders, with a 1.72% shareholding). Whether it is a controlling shareholder or parent company, and its voting rights ratio: Not disclosed |
| Changes this time | With 25 June 2026 scheduled as the effective date of the change, the 3 individuals Okazumi Sadahiro (岡住貞宏), Kojima Ikkei (小嶋一慶) and Kojima Hirokazu (兒島宏和) are expected to become new outside directors. Okazumi Sadahiro (岡住貞宏) and Kojima Ikkei (小嶋一慶) will be designated as independent officers. Kojima Hirokazu (兒島宏和), who already meets the eligibility requirements, will also be designated as an independent officer. |
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.Because a proposal to elect outside officers will be submitted to the annual general meeting of shareholders. The candidates are expected to draw on their specialized knowledge in accounting, judicial scrivenship, administrative scrivenship, law and other fields, as well as their experience in corporate management, to identify issues, make recommendations and provide oversight.