Governance structure
Company with an Audit & Supervisory BoardThis 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 filed the notification form because a proposal for the election of outside officers will be submitted to the annual general meeting of shareholders. It designated Fujimoto Masayoshi (藤本昌義) as an independent officer, while not designating Kristin Edman as one.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of independent officers | 7 |
| Changes this time | The company filed the notification form because a proposal for the election of outside officers will be submitted to the annual general meeting of shareholders. It designated Fujimoto Masayoshi (藤本昌義) as an independent officer, while not designating Kristin Edman as one. |
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.Because a proposal for the election of outside officers will be submitted to the annual general meeting of shareholders. Kristin Edman has not been designated as an independent officer because she is employed by ZOZO, Inc., a major business partner, and does not meet the company’s independence criteria.