Governance structure
indirect holding, voting rights ratio: 73.2%), SM Entertainment Co., Ltd. (indirect holding, voting rights ratio: 73.2%), and SMEJ Holdings (direct holding, voting rights ratio: 66.1%
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.
There are currently no plans to change the Company's position within the parent company's group. Although the capital structure may change in the future, its position as a consolidated subsidiary will remain unchanged.
| Item | Details |
|---|---|
| Number of directors | Total number of directors: Not disclosed, including outside directors: Not disclosed (only the presence of independent outside directors is stated) |
| Controlling shareholder | Kakao Corp. (indirect holding, voting rights ratio: 73.2%), SM Entertainment Co., Ltd. (indirect holding, voting rights ratio: 73.2%), and SMEJ Holdings (direct holding, voting rights ratio: 66.1%) |
| Changes this time | There are currently no plans to change the Company's position within the parent company's group. Although the capital structure may change in the future, its position as a consolidated subsidiary will remain unchanged. |
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.Although the capital structure may change in the future under the parent company's group restructuring policy, there are currently no plans to change the Company's position as a consolidated subsidiary.