Governance structure
parent company), voting rights ownership ratio: 58.3% (6,264 thousand shares and 58.27% in the main text
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.
| Item | Details |
|---|---|
| Number of directors | 12 directors (including 5 outside directors) |
| Committee | Special committee composed of outside directors (outside members: 100%) |
| Controlling shareholder | AZ-COM丸和ホールディングス株式会社 (parent company), voting rights ownership ratio: 58.3% (6,264 thousand shares and 58.27% in the main text) |
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.The company states that accepting directors who concurrently serve at the parent company is intended to strengthen group coordination. For transactions with the parent company, interest rates will be determined reasonably after taking market interest rates into account, and the appropriateness of the terms will be verified by reference to terms equivalent to those of ordinary arm's-length transactions and market prices.