Governance structure
other affiliated company; not a parent company
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.
At the 48th Annual General Meeting of Shareholders held on 23 June 2026, the Audit & Supervisory Board member changed from Fukuda Nobu (福田述), who retired, to Nagai Hiroshi (永井弘), who was newly elected as a non-executive internal Audit & Supervisory Board member. Shirai Toshiyuki (白井俊之) was re-elected as a non-executive internal director.
| Item | Details |
|---|---|
| Number of directors | 7 directors (of whom the number of outside directors is Not disclosed) |
| Controlling shareholder | Nitori Holdings Co.,Ltd., voting rights ownership ratio of 34.1% (other affiliated company; not a parent company) |
| Changes this time | At the 48th Annual General Meeting of Shareholders held on 23 June 2026, the Audit & Supervisory Board member changed from Fukuda Nobu (福田述), who retired, to Nagai Hiroshi (永井弘), who was newly elected as a non-executive internal Audit & Supervisory Board member. Shirai Toshiyuki (白井俊之) was re-elected as a non-executive internal director. |
Items this document does not state (5)
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.Through the business alliance with Nitori Holdings Co.,Ltd., the companies seek to maximize the value of their respective businesses by mutually utilizing technology, know-how, commercial and logistics networks, and other management resources. In terms of officers serving concurrently, the purpose is to obtain advice on management, finance, management accounting and related matters.