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.
Outside Director Kitamura Takashi (北村隆志) and Outside Corporate Auditor Murai Shigeo (村井茂生) were designated as independent officers.
| Item | Details |
|---|---|
| Number of independent officers | 6 |
| Controlling shareholder | The filing does not state that there is no controlling shareholder. It identifies FUJI ELECTRIC CO.,LTD. as a major shareholder holding 17.0% of voting rights and 富士通フロンテック株式会社 as a major shareholder holding 5.7% of voting rights. The presence or absence of a controlling shareholder or parent company is Not disclosed. |
| Changes this time | Outside Director Kitamura Takashi (北村隆志) and Outside Corporate Auditor Murai Shigeo (村井茂生) were designated as independent officers. |
Items this document does not state (5)
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.The company determined that neither individual violates the Tokyo Stock Exchange's independence criteria and that there is no risk of a conflict of interest with general shareholders.