Governance structure
parent company; voting rights ownership percentage: 61.35%; direct ownership: 61.35%; aggregated portion: -
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 | The company has 10 directors (of whom the number of outside directors is Not disclosed). |
| Committee | Independent Advisory Committee (consisting solely of independent outside directors; proportion: 100%) |
| Controlling shareholder | BIC CAMERA INC. (parent company; voting rights ownership percentage: 61.35%; direct ownership: 61.35%; aggregated portion: -) |
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.To provide information on matters concerning controlling shareholders, etc. With respect to minority shareholder protection, to verify the reasonableness of transaction terms and deliberate them at a board meeting attended by outside directors, as well as to deliberate important transactions and other matters involving a potential conflict of interest at an independent advisory committee consisting solely of independent outside directors.