Governance structure
Other Affiliated Company; not a listed parent company), with a 23.92% voting rights ownership ratio (direct ownership
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.
No changes from the previous report are stated
| Item | Details |
|---|---|
| Number of directors | 9 in total, including 6 outside directors |
| Controlling shareholder | Daiwa Securities Group Inc. (Other Affiliated Company; not a listed parent company), with a 23.92% voting rights ownership ratio (direct ownership) |
| Changes this time | No changes from the previous report are stated |
Items this document does not state (5)
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 integrate the businesses of the two groups and enhance corporate value under the capital and business alliance with Daiwa Securities Group Inc., while ensuring the fairness of transactions and the independence of management.