Governance structure
Company with an Audit & Supervisory BoardImplemented. Whether it will be renewed or abolished is not disclosed.
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
Addition of provisions concerning matters to be resolved by the Board of Directors, including share repurchases and dividends of surplus; additions and changes to business purposes; addition of provisions in the Articles of Incorporation providing a basis for measures addressing large-scale share acquisitions; addition of provisions concerning shares constituting less than one trading unit; deletion of provisions concerning limitation-of-liability agreements with the accounting auditor; other revisions to the Articles of Incorporation; and a change in the total number of authorized shares from 28,800,000 to 80,000,000. All of these amendments are scheduled to be approved at the General Meeting of Shareholders.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Takeover defenses | Implemented. Whether it will be renewed or abolished is not disclosed. |
| Changes this time | Addition of provisions concerning matters to be resolved by the Board of Directors, including share repurchases and dividends of surplus; additions and changes to business purposes; addition of provisions in the Articles of Incorporation providing a basis for measures addressing large-scale share acquisitions; addition of provisions concerning shares constituting less than one trading unit; deletion of provisions concerning limitation-of-liability agreements with the accounting auditor; other revisions to the Articles of Incorporation; and a change in the total number of authorized shares from 28,800,000 to 80,000,000. All of these amendments are scheduled to be approved at the General Meeting of Shareholders. |
Items this document does not state (5)
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.Enhancement of shareholder returns; greater agility and flexibility in capital policy; response to the future diversification of business activities and expansion of business areas; greater legal certainty for measures addressing large-scale share acquisitions; convenience for shareholders holding less than one trading unit; consistency with applicable laws and regulations; and agile and flexible responses to funding needs and other capital policy matters associated with future business expansion.