Governance structure
Company with an Audit & Supervisory BoardWhen 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 outside director Hiroki Kyohei (廣木響平) and outside Audit & Supervisory Board member Mori Koji (森孝司), both independent officers, have left office, and Kunimitsu Hirotaka (國光宏尚) has been newly appointed as outside director and Shirakawa Shigeru (白川繁) as outside Audit & Supervisory Board member. Shirakawa Shigeru (白川繁) has been designated as an independent officer.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of independent officers | 3 (Yamato Masayuki (大和政之), Kaneko Shoichi (金子正一) and Shirakawa Shigeru (白川繁)) |
| Controlling shareholder | No controlling shareholder or parent company is disclosed. Shooting Star No. 1 Investment Limited Partnership is disclosed as a major shareholder. |
| Changes this time | The outside director Hiroki Kyohei (廣木響平) and outside Audit & Supervisory Board member Mori Koji (森孝司), both independent officers, have left office, and Kunimitsu Hirotaka (國光宏尚) has been newly appointed as outside director and Shirakawa Shigeru (白川繁) as outside Audit & Supervisory Board member. Shirakawa Shigeru (白川繁) has been designated as an independent officer. |
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.Hiroki Kyohei (廣木響平) and Mori Koji (森孝司) will leave office upon the conclusion of the Ordinary General Meeting of Shareholders due to their resignations. The reasons given for appointing the new members include their ability to contribute to advice, oversight and auditing based on their management experience, industry knowledge and specialized expertise.