Governance structure
Company with an Audit and Supervisory CommitteeWhen 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.
The company currently holds no listed policy-held shares and, in principle, will not acquire any going forward. Any such holdings will be limited to the minimum necessary, and their purpose and effectiveness will be reviewed periodically. The company sold 8 holdings between fiscal 2021 and fiscal 2025.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not adopted
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
No specific changes from the previous report are stated
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 13 directors in total, including 7 outside directors |
| Number of independent officers | 7 |
| Committee | Nomination and Compensation Advisory Committee, with responsibility for both nomination and compensation functions; 2 outside members out of 3 members in total (66.7% outside members). All 3 members of the Audit and Supervisory Committee are outside directors. |
| Policy on cross-shareholdings | The company currently holds no listed policy-held shares and, in principle, will not acquire any going forward. Any such holdings will be limited to the minimum necessary, and their purpose and effectiveness will be reviewed periodically. The company sold 8 holdings between fiscal 2021 and fiscal 2025. |
| Takeover defenses | Not adopted |
| Controlling shareholder | No controlling shareholder or parent company |
| Changes this time | No specific changes from the previous report are stated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To disclose the status of corporate governance and continue efforts to enhance it in order to achieve transparent, fair, prompt and decisive decision-making.