Governance structure
Company with an Audit Committee and Nomination and Compensation Committees (equivalent, under Japan's corporate governance options, to a Company with Three Committees)ownership ratio
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.
None adopted (no information on renewal or abolition)
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit Committee and Nomination and Compensation Committees (equivalent, under Japan's corporate governance options, to a Company with Three Committees) |
| Number of directors | 7 (including 4 independent outside directors) |
| Number of independent officers | 4 |
| Committee | Audit Committee: 2 of 3 members are independent outside directors (66.7%); Nomination and Compensation Committee: 3 of 3 members are independent outside directors (100%); Risk, Compliance and Sustainability Committee and Disclosure and IR Committee: proportion of outside members Not disclosed |
| Takeover defenses | None adopted (no information on renewal or abolition) |
| Controlling shareholder | Neo Puay Keong, voting rights ratio of 38.30% (ownership ratio) |
| Changes this time | Changes from the previous report: Not disclosed |
Items this document does not state (1)
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 provide benefits to shareholders, improve management efficiency and business performance, and prioritize compliance while working to enhance and strengthen corporate governance.