Notice Regarding Partial Amendments to the Articles of Incorporation and the Election of an Alternate Audit & Supervisory Board Member

The company plans to add provisions to its Articles of Incorporation allowing the election of substitute Audit & Supervisory Board members, specifying the validity period of the election resolution and the term of office if a substitute member takes office. It will also submit a proposal to the General Meeting of Shareholders for the election of 1 substitute Audit & Supervisory Board member in preparation for vacancies required to be filled under applicable laws and regulations.

Worth reading

61In focus

Scored from 1 of 5 sections

Direction

Neutral

Direction inferred from the company’s description.

Scale

Alternate Audit & Supervisory Board members

Wording

Conditional

How definitive the wording is.

Governance structure

Company with an Audit & Supervisory Board

Changes this time

補欠監査役に関する定款規定を新設し、補欠監査役の選任決議の有効期間および就任時の任期を定める予定。補欠監査役1名の選任を付議。

Governance structure
Item	Details
Corporate Governance Structure	Company with an Audit & Supervisory Board
Changes this time	補欠監査役に関する定款規定を新設し、補欠監査役の選任決議の有効期間および就任時の任期を定める予定。補欠監査役1名の選任を付議。

Items this document does not state (6)

Number of directorsNumber 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.

法令に定める監査役の員数を欠くこととなる場合に備えるため。定款変更は、補欠監査役の選任決議の有効期間を定め、補欠監査役が監査役に就任した場合の任期を明確にすることを目的としています。

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.