Governance structure
Company with an Audit and Supervisory Committeeclassified as an other affiliated company
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.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 4 directors, excluding directors who are Audit and Supervisory Committee members, including 1 outside director. The total number including Audit and Supervisory Committee members is not disclosed. |
| Controlling shareholder | NIPPON STEEL CORPORATION, voting rights ownership ratio of 30.80% (classified as an other affiliated company) |
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 explain the capital, personnel and business relationships with NIPPON STEEL CORPORATION, which is a controlling shareholder, as well as the status of measures to ensure a certain degree of independence as a listed company.