Governance structure
Company with an Audit & Supervisory BoardWhen 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.
Following one outside Audit & Supervisory Board member changing from office to retirement upon expiration of the term and one internal Audit & Supervisory Board member changing from office to resignation, Morishita Tsunenori (森下常則) and Tsuburaya Kazumasa (円谷和正) will be newly designated as outside Audit & Supervisory Board members and independent officers.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 4, including 4 outside directors |
| Number of independent officers | 7 |
| Controlling shareholder | No information provided on a controlling shareholder or parent company |
| Changes this time | Following one outside Audit & Supervisory Board member changing from office to retirement upon expiration of the term and one internal Audit & Supervisory Board member changing from office to resignation, Morishita Tsunenori (森下常則) and Tsuburaya Kazumasa (円谷和正) will be newly designated as outside Audit & Supervisory Board members and independent officers. |
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 designate 2 new outside Audit & Supervisory Board members as independent officers following one outside Audit & Supervisory Board member changing from office to retirement upon expiration of the term and one internal Audit & Supervisory Board member changing from office to resignation.