Governance structure
de facto parent company, voting rights ownership 74.1%), Oracle Systems Corporation (parent company, 74.1%), Oracle Global Holdings, Inc. (parent company, 74.1%), and Oracle Japan Holdings, Inc. (direct parent company, 74.1%
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.
The company reported matters concerning controlling shareholders, etc. No specific changes from the previous report were disclosed.
| Item | Details |
|---|---|
| Number of directors | 8 directors in total, including 3 directors appointed by the parent company (number of outside directors: Not disclosed) |
| Controlling shareholder | Oracle Corporation (de facto parent company, voting rights ownership 74.1%), Oracle Systems Corporation (parent company, 74.1%), Oracle Global Holdings, Inc. (parent company, 74.1%), and Oracle Japan Holdings, Inc. (direct parent company, 74.1%) |
| Changes this time | The company reported matters concerning controlling shareholders, etc. No specific changes from the previous report were disclosed. |
Items this document does not state (5)
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.To inform investors about matters concerning controlling shareholders, etc. The company explained that Oracle Corporation is regarded as its de facto parent company because of its high degree of dependence on Oracle products and technologies, and because Oracle's business strategy has a significant impact on the company's operating results and financial position.