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.
As Atsumi Harasawa (原澤敦美) resigned as an outside director effective 24 September 2026, the company submitted an Independent Officer Notification Form. Ryuhei Uchida (内田龍平) has not been designated as an independent officer because he is an executive of Effissimo Capital Management Pte Ltd.
| Item | Details |
|---|---|
| Number of directors | 6 outside directors (total number of directors: Not disclosed) |
| Number of independent officers | 5 |
| Committee | Nomination Committee, Compensation Committee, and Audit Committee. Proportion of outside committee members: Not disclosed |
| Controlling shareholder | Effissimo Capital Management Pte Ltd is a major shareholder of the company. Voting rights ratio: Not disclosed |
| Changes this time | As Atsumi Harasawa (原澤敦美) resigned as an outside director effective 24 September 2026, the company submitted an Independent Officer Notification Form. Ryuhei Uchida (内田龍平) has not been designated as an independent officer because he is an executive of Effissimo Capital Management Pte Ltd. |
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.Because independent officer Atsumi Harasawa (原澤敦美) resigned as an outside director effective 24 September 2026.