Governance structure
other affiliated company, voting rights ownership ratio: 30.33%
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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Number of directors | The disclosure states that there is 1 full-time director and 1 part-time outside director, but the total number of directors is Not disclosed |
| Controlling shareholder | MITSUI & CO.,LTD. (other affiliated company, voting rights ownership ratio: 30.33%) |
| Changes this time | Changes from the previous report: Not disclosed |
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.The acceptance of secondees from MITSUI & CO.,LTD. is intended to strengthen the Group's overall management control framework and business divisions. The concurrent position held by the outside director is expected to contribute to management oversight and stronger corporate governance.