Governance structure
voting rights ratio is Not disclosed
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 notification was updated in connection with the submission of a proposal to elect outside officers to the annual general meeting of shareholders. Herman Harman is listed as a newly appointed outside director and has not been designated as an independent officer. Tetsuya Nonaka is an outside corporate auditor but has not been designated as an independent officer.
| Item | Details |
|---|---|
| Number of directors | 3 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 4 |
| Controlling shareholder | Harman Group, a major shareholder of the Company (voting rights ratio is Not disclosed) |
| Changes this time | The notification was updated in connection with the submission of a proposal to elect outside officers to the annual general meeting of shareholders. Herman Harman is listed as a newly appointed outside director and has not been designated as an independent officer. Tetsuya Nonaka is an outside corporate auditor but has not been designated as an independent officer. |
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 officers will be submitted to the Annual General Meeting of Shareholders.