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.
Already in place and remaining in effect (whether renewed or abolished: Not disclosed)
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
The Company resolved to commence procedures for determining whether joint and coordinated actions, etc., had occurred and to refer the question of whether to make such a determination to the Independent Committee.
| Item | Details |
|---|---|
| Committee | Independent Committee (percentage of external members: Not disclosed) |
| Takeover defenses | Already in place and remaining in effect (whether renewed or abolished: Not disclosed) |
| Controlling shareholder | Controlling shareholder and parent company: Not disclosed |
| Changes this time | The Company resolved to commence procedures for determining whether joint and coordinated actions, etc., had occurred and to refer the question of whether to make such a determination to the Independent Committee. |
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.The Company decided to obtain a recommendation from the Independent Committee to ensure fairness and objectivity in making a final determination as to whether joint and coordinated actions had occurred.