Worth reading
75Important
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
8
Members or fewer (directors who are not Audit & Supervisory Committee members)Wording
Conditional
How definitive the wording is.Governance structure
Company with an Audit and Supervisory CommitteeNumber of directorsDirectors who are not Audit & Supervisory Committee members: 8 or fewer; directors who are Audit & Supervisory Committee members: 5 or fewer (proposed amendments). The current Board of Directors consists of 11 members.
Changes this time
Article 18 of the Articles of Incorporation is scheduled to be amended, changing the provision for directors who are not Audit & Supervisory Committee members from “5 or more” to “8 or fewer,” and the provision for directors who are Audit & Supervisory Committee members from “3 or more” to “5 or fewer.”
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | Directors who are not Audit & Supervisory Committee members: 8 or fewer; directors who are Audit & Supervisory Committee members: 5 or fewer (proposed amendments). The current Board of Directors consists of 11 members. |
| Changes this time | Article 18 of the Articles of Incorporation is scheduled to be amended, changing the provision for directors who are not Audit & Supervisory Committee members from “5 or more” to “8 or fewer,” and the provision for directors who are Audit & Supervisory Committee members from “3 or more” to “5 or fewer.” |
Items this document does not state (5)
Number of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder
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 promote constructive discussions at Board of Directors meetings, maintain and improve the agility of decision-making, and clarify the appropriate size of the Board of Directors.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.