Governance structure
direct ownership 43.48%, aggregate 43.48%
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.
Obata Yuji (小畑裕司) is listed as the part-time director scheduled to take office following the annual general meeting of shareholders on 26 June 2026. The part-time director as of 31 March 2026 is Ikusei Masahito (生治理仁).
| Item | Details |
|---|---|
| Committee | Special Committee (comprising independent outside directors and independent outside Audit & Supervisory Board Members), proportion of outside members: Not disclosed |
| Controlling shareholder | Kobe Steel,Ltd., parent company, voting rights ownership ratio 43.48% (direct ownership 43.48%, aggregate 43.48%) |
| Changes this time | Obata Yuji (小畑裕司) is listed as the part-time director scheduled to take office following the annual general meeting of shareholders on 26 June 2026. The part-time director as of 31 March 2026 is Ikusei Masahito (生治理仁). |
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 develop the business while maintaining a cooperative relationship with Kobe Steel,Ltd., while conducting our own business activities and making our own management decisions. To protect minority shareholders, the terms and conditions of transactions with the parent company and other related parties are referred to a special committee comprising independent outside directors and independent outside Audit & Supervisory Board Members.