Governance structure
Company with an Audit and Supervisory CommitteeThe share-based compensation plan will continue through the end of the fiscal year ending March 2029. The trust period will be extended from the currently scheduled 1 September 2026 to the currently scheduled end of August 2029. The plan will be partially revised, including setting share-based compensation for executive directors, etc., at 30% fixed and 70% performance-linked.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 6 directors in total (including 4 outside directors) as of 20 June 2023. The supplementary table also lists 14 directors who are not Audit and Supervisory Committee members (including 12 executive officers), 4 outside directors who are not Audit and Supervisory Committee members, and 3 Audit and Supervisory Committee members, but the relationship between these figures and the total is unclear from the main text. |
| Committee | Nomination and Compensation Committee. The chair and a majority of the members are independent outside directors. |
| Changes this time | The share-based compensation plan will continue through the end of the fiscal year ending March 2029. The trust period will be extended from the currently scheduled 1 September 2026 to the currently scheduled end of August 2029. The plan will be partially revised, including setting share-based compensation for executive directors, etc., at 30% fixed and 70% performance-linked. |
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.In light of significant changes in the business environment and the increased responsibilities of directors, etc., the Company aims to further align their interests with those of shareholders while pursuing various initiatives, including considering the future direction of its medium-term management plan. The Company also believes that the plan will remain effective as an incentive for improving corporate value over the medium to long term.