Governance structure
Company with an Audit and Supervisory Committeedirect ownership: 17.21%; ownership included in the aggregate: 0.00%). Credit Saison Co.,Ltd. is not a listed parent company and is an other affiliated company.
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 described.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 11 directors (including Not disclosed outside directors) |
| Committee | Audit and Supervisory Committee (outside members comprise more than half) |
| Controlling shareholder | Credit Saison Co.,Ltd. Voting rights ownership ratio: 17.21% (direct ownership: 17.21%; ownership included in the aggregate: 0.00%). Credit Saison Co.,Ltd. is not a listed parent company and is an other affiliated company. |
| Changes this time | No changes from the previous report are described. |
Items this document does not state (3)
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 disclose matters concerning controlling shareholders, etc. The capital and business alliance with Credit Saison Co.,Ltd. is explained as resulting from the alignment of the companies’ strategic direction to leverage their respective retail expertise and provide solutions to issues in the financial sector.