Governance structure
Company with an Audit and Supervisory CommitteeThe director compensation system will be revised to newly introduce short-term performance-linked cash compensation and performance-linked restricted stock compensation granted after the relevant period. Compensation for non-executive directors and outside directors will remain unchanged from the current system.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Voluntary Nomination and Compensation Advisory Committee: 3 outside members out of 5 (60%) |
| Changes this time | The director compensation system will be revised to newly introduce short-term performance-linked cash compensation and performance-linked restricted stock compensation granted after the relevant period. Compensation for non-executive directors and outside directors will remain unchanged from the current system. |
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.To further strengthen corporate governance, share value with shareholders and other stakeholders, enhance directors’ motivation to contribute to sustainable medium- to long-term growth and increases in corporate value, ensure the steady implementation of the medium-term plan in each fiscal year, and provide management with sound incentives.