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 filing states only the number of directors, not how many of them are outside directors.
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 | Total number 5 / Of which, outside Not disclosed |
| Number of independent officers | Directors 3 / Audit & Supervisory Board Member 2 |
| Controlling shareholder | Name 合同会社Sバンク / Attribute Parent Company / Voting rights ratio 65.56％ |
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.To provide information on matters concerning controlling shareholders and other related parties. The Company cited consideration of market prices and the implementation of bids to ensure the fairness and legality of transactions, the reflection of diverse views through the Board of Directors and Audit & Supervisory Board, including independent officers, and the maintenance of autonomy and independence as reasons for its minority shareholder protection measures.