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.
The scheduled changes on 26 June 2026 are the appointment of Kobori Shuji (小堀 修司) as a new outside director and Ueda Hideki (上田 英樹) as a new outside corporate auditor. The 4 independent officers are Okumura Ichiro (奥村 一郎), Hashimoto Osami (橋本 修身), Uda Hitoshi (宇田 斉) and Kobori Shuji (小堀 修司).
| Item | Details |
|---|---|
| Number of directors | 3 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 4 |
| Controlling shareholder | There is no statement that the company has no controlling shareholder; JFE Steel Corporation is listed as a major shareholder, with 29.9% of the voting rights. |
| Changes this time | The scheduled changes on 26 June 2026 are the appointment of Kobori Shuji (小堀 修司) as a new outside director and Ueda Hideki (上田 英樹) as a new outside corporate auditor. The 4 independent officers are Okumura Ichiro (奥村 一郎), Hashimoto Osami (橋本 修身), Uda Hitoshi (宇田 斉) and Kobori Shuji (小堀 修司). |
Items this document does not state (4)
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 directors and outside corporate auditors will be submitted to the annual general meeting.