Governance structure
Company with an Audit and Supervisory CommitteeWhen 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.
The Independent Officer Notification Form was updated in connection with the submission of a proposal for the election of directors to the General Meeting of Shareholders. The filing states that Ubukata Toru (生方徹) was newly elected and that Okubo Toshiya (大久保俊哉) was elected as an outside director serving as an Audit and Supervisory Committee member.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of independent officers | 6 |
| Controlling shareholder | The filing states that ITOCHU Corporation is a major shareholder of the Company, but whether it is a controlling shareholder or parent company, as well as its voting rights ratio, is Not disclosed. |
| Changes this time | The Independent Officer Notification Form was updated in connection with the submission of a proposal for the election of directors to the General Meeting of Shareholders. The filing states that Ubukata Toru (生方徹) was newly elected and that Okubo Toshiya (大久保俊哉) was elected as an outside director serving as an Audit and Supervisory Committee member. |
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 a proposal for the election of directors was submitted to the General Meeting of Shareholders.