Governance structure
other affiliated company), with a voting rights ownership ratio of 30.21%. It is not stated to be a parent company or controlling shareholder
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.
| Item | Details |
|---|---|
| Number of directors | 6 directors, of whom the number of outside directors is not disclosed |
| Controlling shareholder | J Trust Co., Ltd. (other affiliated company), with a voting rights ownership ratio of 30.21%. It is not stated to be a parent company or controlling shareholder |
Items this document does not state (6)
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.Fujisawa Nobuyoshi (藤澤信義) is stated to have assumed the position of Chairperson of the Company's Board of Directors to drive management reforms and improve performance across the Company's Group. Minority shareholder protection is addressed by determining transaction terms through fair and appropriate procedures equivalent to those used with third-party counterparties, and by excluding parties with conflicts of interest from deliberations and resolutions.