Governance structure
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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Number of directors | 12 directors in total, including 5 independent outside directors (the total number of outside directors is Not disclosed) |
| Number of independent officers | 5 (independent outside directors) |
| Committee | Governance Committee, Nomination Committee, and Compensation Committee. Proportion of outside committee members: Not disclosed |
| Controlling shareholder | No controlling shareholder or parent company is disclosed. As other affiliated companies, Mitsubishi UFJ Financial Group, Inc. holds 20.06% of the voting rights, comprising 14.53% held directly and 5.53% included in the aggregate, while Mitsubishi Corporation holds 18.41%. |
| Changes this time | Changes from the previous report: Not disclosed |
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 inform investors about the relationships with controlling shareholders, etc., and the status of measures to ensure the Company's independence. Mitsubishi UFJ Financial Group, Inc.'s status as the largest shareholder is cited as the reason it has the greatest impact on the Company.