Governance structure
Company with an Audit and Supervisory CommitteeWhen 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.
We currently hold no cross-shareholdings. If we hold any in the future, we will compare the cost of capital with the benefits and risks of holding them, maintain them on a limited and strategic basis, and reduce holdings whose significance is insufficient or that do not align with our capital policy. Number of holdings and amount: Not disclosed.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not adopted (nor are there currently any plans to adopt one)
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
Partial revision following the disclosure of the reasons for selecting directors and a skills matrix in the reference materials for the General Meeting of Shareholders and other documents. Other specific changes: Not disclosed
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 10 (including 3 outside directors) |
| Number of independent officers | 3 |
| Committee | Nomination and Remuneration Committee (percentage of outside committee members: Not disclosed) |
| Policy on cross-shareholdings | We currently hold no cross-shareholdings. If we hold any in the future, we will compare the cost of capital with the benefits and risks of holding them, maintain them on a limited and strategic basis, and reduce holdings whose significance is insufficient or that do not align with our capital policy. Number of holdings and amount: Not disclosed. |
| Takeover defenses | Not adopted (nor are there currently any plans to adopt one) |
| Controlling shareholder | No controlling shareholder exists |
| Changes this time | Partial revision following the disclosure of the reasons for selecting directors and a skills matrix in the reference materials for the General Meeting of Shareholders and other documents. Other specific changes: Not disclosed |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because we disclosed the reasons for selecting directors and a skills matrix listing the skills held by each director in the reference materials for the General Meeting of Shareholders and other documents.