Governance structure
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
An Independent Officer Notification Form was submitted because a proposal to appoint outside officers will be put forward at the annual general meeting of shareholders on 23 June 2026. Of the 5 outside directors, 4 have been reported as independent officers, while Kawada Kaku (河田 格) is not an independent officer.
| Item | Details |
|---|---|
| Number of independent officers | 4 |
| Changes this time | An Independent Officer Notification Form was submitted because a proposal to appoint outside officers will be put forward at the annual general meeting of shareholders on 23 June 2026. Of the 5 outside directors, 4 have been reported as independent officers, while Kawada Kaku (河田 格) is not an independent officer. |
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.An Independent Officer Notification Form was submitted because a proposal to appoint outside officers will be put forward at the annual general meeting of shareholders. Matsumoto Eiichi (松本榮一), Inagawa Fumio (稲川文雄), Iino Koichi (飯野浩一) and Kaneko Hiroko (金子浩子) were determined not to present a risk of conflicts of interest with general shareholders, based on the Tokyo Stock Exchange's independence criteria and the company's own criteria for determining independence. The filing states that Kawada Kaku (河田 格) is not an independent officer.