Governance structure
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.
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
With 27 May 2026 scheduled as the date of the change, Outside Director Saito Hideaki (齋藤 英明) is a new appointee. The 4 individuals reported as independent officers are Tsurumaki Akira (鶴巻 暁), Takahashi Makiko (高橋 真木子), Saito Hideaki (齋藤 英明) and Hayama Ryoko (葉山 良子).
| Item | Details |
|---|---|
| Number of directors | 5 outside directors and 2 outside corporate auditors (total number of directors: Not disclosed) |
| Number of independent officers | 4 |
| Controlling shareholder | No controlling shareholder is disclosed. ITOCHU Corporation and TOPPAN Inc. are listed as major shareholders, but their voting rights percentages are Not disclosed. |
| Changes this time | With 27 May 2026 scheduled as the date of the change, Outside Director Saito Hideaki (齋藤 英明) is a new appointee. The 4 individuals reported as independent officers are Tsurumaki Akira (鶴巻 暁), Takahashi Makiko (高橋 真木子), Saito Hideaki (齋藤 英明) and Hayama Ryoko (葉山 良子). |
Items this document does not state (4)
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.Because proposals for the election of outside officers will be submitted to the Annual General Meeting of Shareholders.