Governance structure
Company with an Audit and Supervisory CommitteeWhen 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.
社外取締役は、その会社の出身ではない取締役です。半数の線を超えると、取締役会の多数を社外の人が占めることになります。The percentage represented by the dotted line was calculated from the publicly disclosed number of people.
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.
The company holds shares when it determines that doing so will contribute to its business strategy, maintaining and strengthening cooperative and business relationships, or business development. Each year, it reviews whether to continue holding such shares, taking into account the purpose of holding them, transaction status and cost of capital, among other factors, and sells or reduces holdings whose rationale has weakened. The number and value of such holdings are not stated.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
None (not adopted)
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
No specific changes from the previous report are stated
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | Total number 6 / Of which, outside 3 |
| Number of independent officers | 3 |
| Committee | Name Audit and Supervisory Committee, Nomination and Compensation Committee / Percentage of outside members Audit and Supervisory Committee: 3 of 3 members (100%); Nomination and Compensation Committee: 2 of 3 members (approximately 66.7%) |
| Policy on cross-shareholdings | The company holds shares when it determines that doing so will contribute to its business strategy, maintaining and strengthening cooperative and business relationships, or business development. Each year, it reviews whether to continue holding such shares, taking into account the purpose of holding them, transaction status and cost of capital, among other factors, and sells or reduces holdings whose rationale has weakened. The number and value of such holdings are not stated. |
| Takeover defenses | None (not adopted) |
| Controlling shareholder | No controlling shareholder or parent company |
| Changes this time | No specific changes from the previous report are stated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To disclose the status of corporate governance, ensure management transparency, soundness and fairness, and maximize corporate value.