Governance structure
Company with an Audit and Supervisory Committee (to be changed subject to approval at the annual shareholders meeting scheduled for 24 June 2026)In connection with the change from a Company with an Audit and Supervisory Board to a Company with an Audit and Supervisory Committee, provisions concerning directors who are Audit and Supervisory Committee members and the Audit and Supervisory Committee will be newly established, while provisions concerning corporate auditors and the Audit and Supervisory Board will be deleted. The person authorized to convene shareholders meetings and the chair of such meetings will be a director designated in advance by the Board of Directors, and provisions will be newly established allowing dividends of surplus and other matters to be decided by resolution of the Board of Directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (to be changed subject to approval at the annual shareholders meeting scheduled for 24 June 2026) |
| Number of directors | No more than 9 directors who are not Audit and Supervisory Committee members and no more than 4 directors who are Audit and Supervisory Committee members. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | In connection with the change from a Company with an Audit and Supervisory Board to a Company with an Audit and Supervisory Committee, provisions concerning directors who are Audit and Supervisory Committee members and the Audit and Supervisory Committee will be newly established, while provisions concerning corporate auditors and the Audit and Supervisory Board will be deleted. The person authorized to convene shareholders meetings and the chair of such meetings will be a director designated in advance by the Board of Directors, and provisions will be newly established allowing dividends of surplus and other matters to be decided by resolution of the Board of Directors. |
Items this document does not state (4)
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 establish a sound and highly transparent management structure capable of responding quickly to changes in the business environment in order to achieve the long-term management plan. The changes are also intended to make the operation of shareholders meetings more flexible and agile and to enable the Company to implement its capital and dividend policies more flexibly and responsively.