Governance structure
Company with an Audit & Supervisory Boardparent company; voting rights ratio: 50.78%
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.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 8, including 3 outside directors |
| Number of independent officers | At least 3 (the report designates 3 outside directors and 3 outside audit & supervisory board members as independent officers; the Special Committee for protecting minority shareholders is composed of at least 3 independent officers) |
| Committee | Special Committee: composed of at least 3 independent officers. Proportion of outside members: Not disclosed |
| Controlling shareholder | Dai Nippon Printing Co.,Ltd. (parent company; voting rights ratio: 50.78%) |
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.To achieve sustained improvement in business performance and corporate value through collaboration with the parent company, and to ensure that transactions with the parent company do not disadvantage minority shareholders.