Review by the Special Committee of Material Transactions with Controlling Shareholders
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2025.
47 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「When a material transaction arises between the Group and a controlling shareholder or a company in which the controlling shareholder owns a majority of the voting rights, the Special Committee reviews and considers the transaction from the perspective of protecting minority shareholder interests and submits its opinion to the Board of Directors.」
The company has reaffirmed the role of the Special Committee in reviewing material transactions with controlling shareholders and other parties and submitting its opinion from the perspective of protecting minority shareholder interests. - FY2023First statedAnnual report
「The Special Committee was established in May 2022 as an advisory body to the Board of Directors. Its purpose is to protect the interests of minority shareholders and strengthen corporate governance by ensuring the fairness and appropriateness of transactions between the Group and a controlling shareholder or a company in which the controlling shareholder owns a majority of the voting rights, among others.」
The company has recorded for the first time that it established a Special Committee in May 2022 to review material transactions with controlling shareholders and other parties, with the aim of protecting minority shareholder interests and ensuring the fairness and appropriateness of transactions.