Minority Shareholder Protection and Outside-Director Oversight under a Controlling Shareholder
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Nakamura Satoru (中村 悟) Shibuya-ku, Tokyo 13,401,480 42.17」
The ownership ratio of Satoru Nakamura (中村 悟), the major shareholder, was disclosed as 42.17%, confirming that the major shareholder's holding has remained above 40% since the previous fiscal year. - FY2025SoftenedAnnual report
「The shareholding ratio of Satoru Nakamura (中村 悟), the company's major shareholder, exceeds 40%.」
The major shareholder's holding is now described at the lower level of “over 40%,” changed from the previous “close to half.” Meanwhile, the oversight structure comprising 2 outside directors and 3 outside Audit & Supervisory Board members has continued. - FY2022RestatedAnnual report
「Accordingly, the company has established a structure designed to provide oversight by appointing 5 outside officers in total, comprising 2 outside directors and 3 outside Audit & Supervisory Board members, as of the date of submission of the Annual Securities Report.」
Based on a structure in which the major shareholder holds close to half, the company continues to maintain an oversight structure comprising 2 outside directors and 3 outside Audit & Supervisory Board members. - FY2020RestatedAnnual report
「Accordingly, the company has established a structure designed to provide oversight by appointing 5 outside officers in total, comprising 2 outside directors and 3 outside Audit & Supervisory Board members, as of the date of submission of the Annual Securities Report.」
Based on a structure in which the major shareholder's family holds close to half, the company continues to maintain a structure for protecting minority shareholders and providing oversight through 2 outside directors and 3 outside Audit & Supervisory Board members. - FY2019RestatedAnnual report
「Accordingly, the company has established a structure designed to provide oversight by appointing 5 outside officers in total, comprising 2 outside directors and 3 outside Audit & Supervisory Board members, as of the date of submission of the Annual Securities Report.」
Based on a structure in which the major shareholder's family holds close to half, the company continues to maintain an oversight structure comprising 2 outside directors and 3 outside Audit & Supervisory Board members. - FY2018AdvancedAnnual report
「Accordingly, the company has established a structure designed to provide oversight by appointing 5 outside officers in total, comprising 2 outside directors and 3 outside Audit & Supervisory Board members, as of the date of submission of the Annual Securities Report.」
As a measure to protect minority shareholders under the controlling shareholder structure, the number of outside officers increased from 4 to 5. - FY2017SoftenedAnnual report
「When the shares owned by relatives within the second degree of kinship are aggregated, the shareholding ratio of Satoru Nakamura (中村 悟), the company's major shareholder, is close to half.」
The wording changed from the previous statement that the holding constituted a controlling shareholder because it amounted to a majority to the expression “close to half.” Meanwhile, the structure comprising 1 outside director and 3 outside Audit & Supervisory Board members to protect minority shareholders has continued. - FY2016First statedAnnual report
「The shareholding ratio of Satoru Nakamura (中村 悟), the company's major shareholder, constitutes a controlling shareholder when the shares owned by relatives within the second degree of kinship are aggregated. Accordingly, the company has established a structure designed to provide oversight by appointing 4 outside officers in total, comprising 1 outside director and 3 outside Audit & Supervisory Board members.」
The company has disclosed a controlling shareholder structure in which the founding family holds a majority and established an oversight structure comprising 1 outside director and 3 outside Audit & Supervisory Board members.