Governance structure
other affiliated company), voting rights ratio: 17.42% (direct ownership: 17.42%; portion subject to aggregation: —). Listed on the Tokyo Stock Exchange Prime Market. The document identifies it as an other affiliated company, not a controlling shareholder.
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 | 6 directors in total, of whom outside directors: Not disclosed |
| Controlling shareholder | Credit Saison Co.,Ltd. (other affiliated company), voting rights ratio: 17.42% (direct ownership: 17.42%; portion subject to aggregation: —). Listed on the Tokyo Stock Exchange Prime Market. The document identifies it as an other affiliated company, not a controlling shareholder. |
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.The Company explained that the Group makes its own decisions regarding its independence from Credit Saison Co.,Ltd. and that sufficient independence is secured. The reason given for having a concurrently serving director is to draw on the director's extensive management expertise for oversight and advice regarding the execution of the directors' duties.