Articles of Incorporation 2026/05/22

The 22 May 2026 version of the Articles of Incorporation provides for a board of directors, corporate auditors, a board of corporate auditors and an accounting auditor as the company's corporate bodies, and limits the number of directors to 12. It also includes provisions on dividends, redemption and transfer restrictions for the Class A and Class B shares, but the specific changes from the previous version cannot be identified from the text.

Worth reading

33Immaterial

Scored from 2 of 5 sections

Direction

Neutral

Direction inferred from the company’s description.

Scale

—

Displayed only when the document provides numerical figures.

Wording

Conditional

How definitive the wording is.

Governance structure

Company with an Audit & Supervisory Board

Number of directorsNo more than 12 (of which outside directors: Not disclosed)

Changes this time

Specific changes from the previous report are not disclosed.

Governance structure
Item	Details
Corporate Governance Structure	Company with an Audit & Supervisory Board
Number of directors	No more than 12 (of which outside directors: Not disclosed)
Changes this time	Specific changes from the previous report are not disclosed.

Items this document does not state (5)

Number 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.

The Articles of Incorporation do not state the reason for the revision.

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.