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.
In connection with the submission of proposals for the election of outside officers to the annual general meeting of shareholders, Masaya Owada (大和田征矢), Toshihiko Katsuya (勝屋敏彦) and Fumio Hayashi (林史朗) are newly appointed. Toshihiko Katsuya (勝屋敏彦) has been designated as an independent officer. Masaya Owada (大和田征矢) and Fumio Hayashi (林史朗) have not been designated as independent officers.
| Item | Details |
|---|---|
| Number of directors | 7 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 8 independent officers |
| Controlling shareholder | The name of the controlling shareholder or parent company and its voting rights ratio are Not disclosed. However, 光通信グループ is listed as a major shareholder of the company, and Dalton Investments, Inc. is listed as a principal shareholder. |
| Changes this time | In connection with the submission of proposals for the election of outside officers to the annual general meeting of shareholders, Masaya Owada (大和田征矢), Toshihiko Katsuya (勝屋敏彦) and Fumio Hayashi (林史朗) are newly appointed. Toshihiko Katsuya (勝屋敏彦) has been designated as an independent officer. Masaya Owada (大和田征矢) and Fumio Hayashi (林史朗) have not been designated as independent officers. |
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.Because proposals for the election of outside officers will be submitted to the Annual General Meeting of Shareholders.