Governance structure
Company with an Audit and Supervisory Committee (subject to approval at the annual general meeting of shareholders scheduled for 29 September 2026)Change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Add provisions concerning directors serving as Audit and Supervisory Committee members and the Audit and Supervisory Committee, and delete provisions concerning corporate auditors and the board of corporate auditors. Delete Article 7 of the Articles of Incorporation concerning the acquisition of treasury shares. Add provisions permitting the delegation to directors of decisions on important business execution and related matters.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (subject to approval at the annual general meeting of shareholders scheduled for 29 September 2026) |
| Number of directors | No more than 7 directors, excluding directors serving as Audit and Supervisory Committee members, and no more than 5 directors serving as Audit and Supervisory Committee members. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | Change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Add provisions concerning directors serving as Audit and Supervisory Committee members and the Audit and Supervisory Committee, and delete provisions concerning corporate auditors and the board of corporate auditors. Delete Article 7 of the Articles of Incorporation concerning the acquisition of treasury shares. Add provisions permitting the delegation to directors of decisions on important business execution and related matters. |
Items this document does not state (4)
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 purpose is to strengthen the Board of Directors’ oversight function by making Audit and Supervisory Committee members part of the Board of Directors, enable the Board of Directors to broadly delegate decisions on the execution of business to directors, separate business execution from oversight, and accelerate management decision-making.