Governance structure
parent company), with a voting rights ownership ratio of 50.0% (50.0% directly owned and 0.0% included in the combined total). Its shares are listed on the Tokyo Stock Exchange Prime Market.
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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Number of directors | 6 directors (number of outside directors: Not disclosed) |
| Number of independent officers | 2 independent outside directors and 2 independent outside corporate auditors (4 in total) |
| Committee | Transaction Monitoring Committee. Outside members account for 100% of the committee (2 independent outside directors and 2 independent outside corporate auditors). |
| Controlling shareholder | NISSAN MOTOR CO.,LTD. (parent company), with a voting rights ownership ratio of 50.0% (50.0% directly owned and 0.0% included in the combined total). Its shares are listed on the Tokyo Stock Exchange Prime Market. |
| Changes this time | Changes from the previous report: Not disclosed |
Items this document does not state (3)
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 ensure the fairness of transaction prices with the parent company and the transparency and objectivity of procedures, and to prevent harm to the interests of the Company and its minority shareholders. It also states that personnel and technical exchanges with the parent company group contribute to efficient management and strengthening the Company's operating capabilities.