Governance structure
Company with an Audit & Supervisory Boardholds 33.36% of the company's shares
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.
An Independent Officers Notification was filed because a proposal to elect outside officers will be submitted to the annual general meeting of shareholders. No specific changes from the previous filing are stated.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of independent officers | 4 |
| Controlling shareholder | NIPPON STEEL CORPORATION; the voting rights ratio is not stated in the body of the filing (holds 33.36% of the company's shares) |
| Changes this time | An Independent Officers Notification was filed because a proposal to elect outside officers will be submitted to the annual general meeting of shareholders. No specific changes from the previous filing are stated. |
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.