Governance structure
Company with an audit and supervisory committee (subject to approval at the Ordinary General Meeting of Shareholders scheduled for 24 June 2026)Change from a company with an audit and supervisory board to a company with an audit and supervisory committee. New provisions will be established concerning directors who are audit and supervisory committee members and the Audit and Supervisory Committee, while provisions concerning statutory auditors and the audit and supervisory board will be deleted. Provisions will also be established concerning the delegation of decisions on important business execution, changes to the person authorized to convene and chair shareholders’ meetings, the possibility of selecting the President from among the executive officers, and executive officers.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an audit and supervisory committee (subject to approval at the Ordinary General Meeting of Shareholders scheduled for 24 June 2026) |
| Number of directors | No more than 10 directors who are not audit and supervisory committee members and no more than 5 directors who are audit and supervisory committee members. Number of outside directors: not disclosed |
| Committee | Audit and Supervisory Committee. Proportion of outside members: Not disclosed. Nomination Committee and Compensation Committee: Not disclosed |
| Changes this time | Change from a company with an audit and supervisory board to a company with an audit and supervisory committee. New provisions will be established concerning directors who are audit and supervisory committee members and the Audit and Supervisory Committee, while provisions concerning statutory auditors and the audit and supervisory board will be deleted. Provisions will also be established concerning the delegation of decisions on important business execution, changes to the person authorized to convene and chair shareholders’ meetings, the possibility of selecting the President from among the executive officers, and executive officers. |
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.To further strengthen the supervisory functions of the Board of Directors and enhance corporate governance. In addition, to provide greater flexibility in the operation of shareholders’ meetings, realize an optimal management structure with greater agility, and clarify the methods for appointing executive officers and their roles.