Governance structure
other affiliated company; voting rights ownership ratio: 32.99%
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.
The disclosure describes cooperation under the capital and business alliance agreement dated 30 October 2025, KYOCERA's right to nominate 1 director, an agreement concerning the maintenance of the voting rights ratio, and the involvement of the special committee in cases involving conflicts of interest. These are not explicitly identified as changes from the previous report.
| Item | Details |
|---|---|
| Number of independent officers | 5 independent outside directors (number reported as independent officers: Not disclosed) |
| Committee | Special committee (composed of independent outside directors; outside members account for 100%) |
| Controlling shareholder | KYOCERA CORPORATION (other affiliated company; voting rights ownership ratio: 32.99%) |
| Changes this time | The disclosure describes cooperation under the capital and business alliance agreement dated 30 October 2025, KYOCERA's right to nominate 1 director, an agreement concerning the maintenance of the voting rights ratio, and the involvement of the special committee in cases involving conflicts of interest. These are not explicitly identified as changes from the previous report. |
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.To promote cooperation, including strengthening and executing the growth strategy for the connector business and the mutual use of management resources. In addition, to protect the interests of general shareholders and ensure the Company's independent management, the Company conducts deliberations and reviews through a special committee composed of independent outside directors, among other measures.