Governance structure
For the first time in 56 years since its corporate creed was established in 1970, the company formulated its purpose, vision and values. It states that it is strengthening its management platform through board effectiveness evaluations and the establishment of committees.
| Item | Details |
|---|---|
| Committee | The disclosure mentions board effectiveness evaluations and the establishment of committees, but their names and the proportion of outside members are Not disclosed. |
| Changes this time | For the first time in 56 years since its corporate creed was established in 1970, the company formulated its purpose, vision and values. It states that it is strengthening its management platform through board effectiveness evaluations and the establishment of committees. |
Items this document does not state (6)
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 communicate initiatives aimed at enhancing corporate value, centered on the long-term plan “10-Year Plan 2035,” formulated in 2025, and the newly established purpose, vision and values (PVV). As reasons for refreshing its principles, it cites the need to respond to changes in the business environment, societal expectations and those to whom it provides value, as well as the need to make the principles easier to understand in order to continue advancing the 10-year plan.