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.
| Item | Details |
|---|---|
| Number of directors | 13 directors in total, including 1 outside director (the document states that 1 full-time director and 1 outside director from The Asahi Shimbun Company are serving) |
| Controlling shareholder | The Asahi Shimbun Company, other affiliated company; voting rights ownership ratio: 14.9% held directly, 0.2% included in the aggregate, for a total of 15.1%. The company’s issued shares are not listed on any financial instruments exchange or other market. |
Items this document does not state (6)
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 explained that its collaboration with The Asahi Shimbun Company has enabled it to pursue program production and web initiatives, generating synergies in its television and radio broadcasting businesses, events, and other operations. It also stated that it makes management decisions and raises funds independently, and maintains its independence through the separation of businesses, transaction terms, programming rights, and other arrangements.