Governance structure
Company with an Audit and Supervisory CommitteeNew Articles 29 and 30 will allow dividends of surplus and other matters to be determined by resolution of the Board of Directors. Current Articles 7, 30 and 31, as well as the supplementary provisions concerning exemptions from liability for Audit & Supervisory Board Members, will be deleted.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Changes this time | New Articles 29 and 30 will allow dividends of surplus and other matters to be determined by resolution of the Board of Directors. Current Articles 7, 30 and 31, as well as the supplementary provisions concerning exemptions from liability for Audit & Supervisory Board Members, will be deleted. |
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 implement capital and dividend policies more flexibly. In addition, 10 years have elapsed since the transition to a company with an Audit & Supervisory Committee, and the need for exemptions from liability and other measures under the supplementary provisions has ceased.