Protection of Minority Shareholder Interests by the Parent Company Transactions Advisory Committee
First written in FY2022. 3 of 7 entries say "Advanced", first in FY2023. Latest entry: 2026-06-26.
48 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「During the fiscal year, the Company held the Transaction Advisory Committee with the parent company five times. Focusing on purchases of major raw materials involving significant transaction values with the parent company group and sales of major products to the semiconductor industry, the committee reviewed whether transaction prices and other terms were determined fairly and appropriately, based on reasonable judgments following negotiations and generally under the same terms as ordinary transactions, and submitted its recommendations to the Board of Directors.」
The Transaction Advisory Committee with the parent company met five times, reviewed the terms of purchases of major raw materials and sales of semiconductor-related products, and submitted its recommendations to the Board of Directors. - FY2023AdvancedAnnual report
「During the 63rd fiscal year, the Company held the Transaction Advisory Committee with the parent company once, reviewed purchase transactions for major raw materials and sales transactions for major products with the parent company group, and submitted its recommendations to the Board of Directors.」
The Transaction Advisory Committee with the parent company, established in FY2022, met once, reviewed purchases of major raw materials and sales of major products, and submitted its recommendations. - FY2022First statedAnnual report
「In addition to the above, the Company has established a voluntary special committee, the Parent Company Transactions Advisory Committee. For important transactions and actions involving the parent company and its group companies, the committee deliberates on those transactions and actions from the perspective of ensuring fairness and protecting the interests of general shareholders, and makes recommendations to the Board of Directors. The committee currently consists of 3 members: 2 independent outside directors and 1 independent outside Audit & Supervisory Board member.」
The Company has established a voluntary committee that deliberates on the fairness of important transactions with the parent company and its group and on the interests of general shareholders, and makes recommendations to the Board of Directors. It consists of 3 independent outside officers.