Governance structure
Company with an Audit and Supervisory Committeeother affiliated company; voting rights ownership ratio: 35.46%
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 | 7 (including 3 outside directors) |
| Controlling shareholder | VT Holdings Co., Ltd. (other affiliated company; voting rights ownership ratio: 35.46%) |
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.VT Holdings Co., Ltd. and its corporate group hold 35.46% of the voting rights in the Company, making the Company an equity-method affiliate of VT Holdings Co., Ltd. The concurrent service of officers is intended to promote management reform and strengthen oversight by the Board of Directors.