Governance structure
Planned change to a company with an Audit & Supervisory Committee (currently a company with an Audit & Supervisory Board)Provisions concerning Corporate Auditors and the Board of Corporate Auditors will be deleted, and provisions concerning the Audit and Supervisory Committee and directors serving as Audit and Supervisory Committee members will be newly established. The maximum number of directors will be changed from 7 to 10. The Articles of Incorporation will be amended to accommodate a two-person structure comprising a Representative Director and Chairman and a Representative Director and President. Biotechnology, analytical and testing services relating to biological specimens, and contract services will be added to the Company's business objectives.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned change to a company with an Audit & Supervisory Committee (currently a company with an Audit & Supervisory Board) |
| Number of directors | Proposed change: 3 or more and no more than 10 directors (of whom no more than 5 are directors serving as Audit and Supervisory Committee members) |
| Committee | An Audit & Supervisory Committee is scheduled to be established. Proportion of outside committee members: not disclosed |
| Changes this time | Provisions concerning Corporate Auditors and the Board of Corporate Auditors will be deleted, and provisions concerning the Audit and Supervisory Committee and directors serving as Audit and Supervisory Committee members will be newly established. The maximum number of directors will be changed from 7 to 10. The Articles of Incorporation will be amended to accommodate a two-person structure comprising a Representative Director and Chairman and a Representative Director and President. Biotechnology, analytical and testing services relating to biological specimens, and contract services will be added to the Company's business objectives. |
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.Expansion of the Company's business activities, greater flexibility in corporate management, strengthened audit and supervisory functions of the Board of Directors, enhanced governance, faster decision-making and business execution through the delegation of authority, and improved fairness, transparency and efficiency in management.