Governance structure
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.
An Independent Officers Notification Form was submitted because proposals for the appointment of outside officers will be submitted to the Annual General Meeting of Shareholders. Ushigome Susumu (牛込 進), Ujiie Teruhiko (氏家 照彦) and Hayama Akiko (羽山 暁子) have been reported as independent officers.
| Item | Details |
|---|---|
| Number of independent officers | 3 |
| Controlling shareholder | There is no statement that the company has no controlling shareholder. The filing states that TYK CORPORATION is a major shareholder holding 8.36% of the total number of shares issued by the company, and that The 77 Bank,Ltd. is a major shareholder holding 3.98%, but neither is described as a controlling shareholder. |
| Changes this time | An Independent Officers Notification Form was submitted because proposals for the appointment of outside officers will be submitted to the Annual General Meeting of Shareholders. Ushigome Susumu (牛込 進), Ujiie Teruhiko (氏家 照彦) and Hayama Akiko (羽山 暁子) have been reported as independent officers. |
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.Because proposals for the election of outside officers will be submitted to the Annual General Meeting of Shareholders.