Governance structure
Company with an Audit and Supervisory Committeeparent company; voting rights ownership ratio: 53.36%
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 and Supervisory Committee |
| Number of directors | 7 directors, including Not disclosed outside directors |
| Number of independent officers | 4 |
| Committee | Audit and Supervisory Committee (3 outside members; as all committee members are outside, outside members account for 100%) |
| Controlling shareholder | GA technologies Co., Ltd. (parent company; voting rights ownership ratio: 53.36%) |
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 ensure that transactions with the parent group and controlling shareholder are conducted on the same terms as ordinary transactions and do not harm the interests of minority shareholders through deliberation and review by independent officers and the Audit and Supervisory Committee.