Governance structure
Company with Three CommitteesWhen 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.
As a general rule, the Company does not hold strategic shareholdings. However, it may hold such shares only where it determines that a partnership with the investee through share ownership contributes to enhancing the corporate value of the Group. The policy is to dispose of shares whose rationale has weakened as necessary. The number of holdings and their value are Not disclosed
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Specific changes from the previous report are not disclosed.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with Three Committees |
| Number of directors | No more than 15 directors, of whom the number of outside directors is Not disclosed |
| Committee | Nomination Committee, Compensation Committee and Audit Committee. At each committee, a majority of the members are independent outside directors. The specific proportion of outside members is Not disclosed |
| Policy on cross-shareholdings | As a general rule, the Company does not hold strategic shareholdings. However, it may hold such shares only where it determines that a partnership with the investee through share ownership contributes to enhancing the corporate value of the Group. The policy is to dispose of shares whose rationale has weakened as necessary. The number of holdings and their value are Not disclosed |
| Controlling shareholder | Controlling shareholder and parent company: Not disclosed |
| Changes this time | Specific changes from the previous report are not disclosed. |
Items this document does not state (2)
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 demonstrate the sustained enhancement of corporate value, a clear separation between oversight and execution, and the appropriate operation of internal controls and information disclosure.