Governance structure
PTI, parent company): voting rights ownership of 60.70% (11.85% held directly and 48.85% included in the aggregate). 力成科技日本合同会社: voting rights ownership of 48.85%.
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.
| Item | Details |
|---|---|
| Number of directors | 8 directors (including 3 outside directors) |
| Number of independent officers | 3 |
| Controlling shareholder | Powertech Technology Inc. (PTI, parent company): voting rights ownership of 60.70% (11.85% held directly and 48.85% included in the aggregate). 力成科技日本合同会社: voting rights ownership of 48.85%. |
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.PTI owns a 100% interest in 力成科技日本合同会社 and, together with its direct ownership of 11.85%, holds a majority of the voting rights in the Company. The Company states that collaboration with the PTI Group enables it to provide integrated turnkey services from wafer testing through backend processes.