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.
| Item | Details |
|---|---|
| Number of directors | 11 in total; the disclosure only states that outside directors comprise a majority of the Board of Directors, with the specific number not disclosed |
| Controlling shareholder | SECOM CO.,LTD. The parent company, with direct ownership of 51.9% of the voting rights, combined ownership of 0.1%, and total ownership of 52.0%. Listed on the Tokyo Stock Exchange Prime Market |
Items this document does not state (6)
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 the company is responsible for the disaster prevention business within the SECOM Group and seeks mutual growth while delineating their respective business areas. Regarding transactions with the parent company, the company also explained that the terms are determined rationally, fairly and appropriately, taking into consideration the necessity of the transactions and any differences from the terms of transactions with third parties.