Governance structure
Company with an Audit and Supervisory Committee (transitioned from a Company with a Board of Company Auditors effective 26 August 2026)The positions of Company Auditor and the Board of Company Auditors were abolished and an Audit and Supervisory Committee was established. Provisions were newly established concerning the category, term of office, and compensation of directors serving as Audit and Supervisory Committee members, as well as provisions allowing decisions on important business execution to be delegated to directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (transitioned from a Company with a Board of Company Auditors effective 26 August 2026) |
| Number of directors | No more than 7 directors other than directors serving as Audit and Supervisory Committee members, and no more than 5 directors serving as Audit and Supervisory Committee members |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | The positions of Company Auditor and the Board of Company Auditors were abolished and an Audit and Supervisory Committee was established. Provisions were newly established concerning the category, term of office, and compensation of directors serving as Audit and Supervisory Committee members, as well as provisions allowing decisions on important business execution to be delegated to directors. |
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 invigorate the Board of Directors by enabling all directors to engage in medium- to long-term strategic discussions, accelerate decision-making by delegating authority for execution, and strengthen monitoring functions.