Governance structure
Company with an Audit and Supervisory Committeemajor shareholder). Voting rights ratio: Not disclosed. Statement that it is a controlling shareholder: Not disclosed
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.
In connection with the submission of a proposal for the election of outside directors to the Annual General Meeting of Shareholders, Nakata Hiroyasu (中田裕康), Takada Junko (髙田淳子), and Kawamura Kayoko (川村佳世子) have been designated as new candidates, and Takada Junko (髙田淳子) will be newly designated as an independent officer. Kondo Shota (近藤祥太) has not been designated as an independent officer because he also serves as a Senior Executive Officer of Mitsubishi Corporation.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 6 directors, including 6 outside directors |
| Number of independent officers | 5 |
| Committee | Governance Committee, Nomination Committee, and Compensation Committee. Proportion of outside committee members: Not disclosed |
| Controlling shareholder | Mitsubishi Corporation (major shareholder). Voting rights ratio: Not disclosed. Statement that it is a controlling shareholder: Not disclosed |
| Changes this time | In connection with the submission of a proposal for the election of outside directors to the Annual General Meeting of Shareholders, Nakata Hiroyasu (中田裕康), Takada Junko (髙田淳子), and Kawamura Kayoko (川村佳世子) have been designated as new candidates, and Takada Junko (髙田淳子) will be newly designated as an independent officer. Kondo Shota (近藤祥太) has not been designated as an independent officer because he also serves as a Senior Executive Officer of Mitsubishi Corporation. |
Items this document does not state (2)
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.Because a proposal for the election of outside directors will be submitted to the Annual General Meeting of Shareholders. The new candidates are expected to apply their knowledge and experience in areas including law, overseas business and management, and digital transformation to the Board of Directors' decision-making and oversight and to enhancing governance. The company determined that they meet its independence criteria and pose no risk of a conflict of interest with general shareholders.