Governance structure
Company with an Audit and Supervisory Committeeparent company; voting rights ownership ratio: 63.06%
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 |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 10 directors (of whom the number of outside directors is Not disclosed) |
| Committee | Audit and Supervisory Committee (the percentage of outside committee members was not disclosed). The Nomination and Compensation Committee was not disclosed. |
| Controlling shareholder | GMO internet group,Inc. (parent company; voting rights ownership ratio: 63.06%) |
| Changes this time | Changes from the previous report: Not disclosed |
Items this document does not state (3)
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.To provide information on matters concerning controlling shareholders, etc., and to ensure economic rationality in transactions with the parent company and prevent the undue impairment of minority shareholders’ rights.