Governance structure
indirect 33.40%), セブン‐イレブン・ジャパン (direct 33.40%) and ITOCHU Corporation (direct 20.43%). All are listed as other affiliated companies.
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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Number of directors | 8 directors, including outside directors: Not disclosed |
| Number of independent officers | 7 |
| Controlling shareholder | Seven & i Holdings Co.,Ltd. (indirect 33.40%), セブン‐イレブン・ジャパン (direct 33.40%) and ITOCHU Corporation (direct 20.43%). All are listed as other affiliated companies. |
| Changes this time | No changes from the previous report are described. |
Items this document does not state (4)
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.The reason Seven & i Holdings Co.,Ltd. has the greatest influence on the listed company is that it is a pure holding company that owns セブン‐イレブン・ジャパン, which operates Seven-Eleven stores where 81.2% of the Company's ATMs are installed. The appointment of independent officers is intended to protect minority shareholders, while interlocking directorships and the acceptance of secondees are intended to make use of group management experience or facilitate communication and coordination.