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.
Changes were made to the “Officer Attributes” and “Explanation of Relevant Status” sections. “Correction/Change” is indicated for Kakuno Yuko (角野佑子) and Nakai Akira (仲井晃).
| Item | Details |
|---|---|
| Number of directors | 5 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 5 |
| Controlling shareholder | Information on the controlling shareholder and parent company: Not disclosed. NIPPON STEEL CORPORATION’s voting rights ratio in the Company is stated as 1.90%. |
| Changes this time | Changes were made to the “Officer Attributes” and “Explanation of Relevant Status” sections. “Correction/Change” is indicated for Kakuno Yuko (角野佑子) and Nakai Akira (仲井晃). |
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 changes were made to the “Officer Attributes” and “Explanation of Relevant Status” sections.