Governance structure
Company with an Audit & Supervisory BoardWhen one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
This filing states only the number of directors, not how many of them are outside directors.
The basic policy is not to hold strategic shareholdings in principle, except where the rationale for holding them is recognized, and to reduce the strategic shareholdings currently held. Each year, the Board of Directors individually verifies whether the benefits and risks are commensurate with the cost of capital. The number of holdings and their value are not disclosed.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not adopted
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
No specific changes from the previous report are disclosed. The Guidelines were revised on 26 June 2025.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | Total number 8 independent officers / Of which, outside Not disclosed |
| Committee | Name Compensation Review Committee / Percentage of outside members 2 of 4 (50%) outside members |
| Policy on cross-shareholdings | The basic policy is not to hold strategic shareholdings in principle, except where the rationale for holding them is recognized, and to reduce the strategic shareholdings currently held. Each year, the Board of Directors individually verifies whether the benefits and risks are commensurate with the cost of capital. The number of holdings and their value are not disclosed. |
| Takeover defenses | Not adopted |
| Controlling shareholder | No information is provided on a controlling shareholder or parent company. |
| Changes this time | No specific changes from the previous report are disclosed. The Guidelines were revised on 26 June 2025. |
Items this document does not state (1)
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 objectives are to enhance corporate value over the medium to long term, conduct corporate management that earns the trust of stakeholders, respond to changing social and economic conditions, accelerate decision-making, and establish and strengthen the management control structure.