Governance structure
other affiliated company; voting rights ownership ratio: 22.94%; 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.
| Item | Details |
|---|---|
| Committee | Nomination and Compensation Advisory Committee; percentage of outside members: Not disclosed |
| Controlling shareholder | SAKATA INX CORPORATION (other affiliated company; voting rights ownership ratio: 22.94%; listed on the Tokyo Stock Exchange Prime Market) |
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.SIIX CORPORATION was spun off from SAKATA INX CORPORATION in July 1992, and SAKATA INX CORPORATION holds 22.94% of its voting rights. The two companies operate in different business areas, and SIIX CORPORATION explained that it makes management decisions independently and ensures its independence through its Nomination and Compensation Advisory Committee and independent officers.