Governance structure
other affiliated company, voting rights ownership ratio of 31.61%, direct ownership of 31.61%, with no portion subject to aggregation; listed on the Tokyo Stock Exchange Prime Market
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 |
|---|---|
| Number of directors | 5 directors in total, including 1 outside director (3 audit and supervisory board members) |
| Controlling shareholder | istyIe Inc. (other affiliated company, voting rights ownership ratio of 31.61%, direct ownership of 31.61%, with no portion subject to aggregation; listed on the Tokyo Stock Exchange Prime Market) |
Items this document does not state (6)
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.The Company and istyle Inc. have entered into a capital and business alliance to resolve management issues through mutual cooperation and enhance both companies' corporate value. The interlocking directorships are intended to contribute to strengthening the Company's corporate governance by drawing on knowledge of corporate management and expertise in the beauty marketing field.