Governance structure
Company with an Audit and Supervisory CommitteeWhen 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.
The company acquired all shares of the company held by the Nomura Group for ¥61.3 billion, unwinding the cross-shareholding arrangement. It announced the sale of its NRI shares and a ¥42 billion share buyback funded by the sale proceeds.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Following their election at the 54th annual general meeting held on 16 June 2026, the Board of Directors comprises 2 internal directors and 6 independent outside directors, for a total of 8 directors. No changes from the previous report are explicitly stated.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 8 directors (including 6 outside directors) |
| Number of independent officers | 6 |
| Committee | Nomination and Compensation Committee (percentage of outside members: not disclosed) |
| Policy on cross-shareholdings | The company acquired all shares of the company held by the Nomura Group for ¥61.3 billion, unwinding the cross-shareholding arrangement. It announced the sale of its NRI shares and a ¥42 billion share buyback funded by the sale proceeds. |
| Controlling shareholder | Controlling shareholder and parent company: Not disclosed |
| Changes this time | Following their election at the 54th annual general meeting held on 16 June 2026, the Board of Directors comprises 2 internal directors and 6 independent outside directors, for a total of 8 directors. No changes from the previous report are explicitly stated. |
Items this document does not state (1)
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 company has been progressively improving its governance, focusing on management independence, sharing value with shareholders, improving capital efficiency, and advancing its growth strategy.