Governance structure
Planned transition to a company with an Audit and Supervisory Committee (subject to approval at the Annual General Meeting of Shareholders scheduled for 26 June 2026)The Company plans to change from a company with an Audit & 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 Audit & Supervisory Board Members and the Audit & Supervisory Board will be deleted. The maximum number of Directors will change from no more than 15 to no more than 19, including no more than 4 Directors who are Audit and Supervisory Committee Members.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned transition to a company with an Audit and Supervisory Committee (subject to approval at the Annual General Meeting of Shareholders scheduled for 26 June 2026) |
| Number of directors | Under the proposed amendments, no more than 19 Directors, including no more than 4 Directors who are Audit and Supervisory Committee Members. Currently, no more than 15 Directors. |
| Committee | An Audit and Supervisory Committee will be established. The proportion of outside committee members is not disclosed. |
| Changes this time | The Company plans to change from a company with an Audit & 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 Audit & Supervisory Board Members and the Audit & Supervisory Board will be deleted. The maximum number of Directors will change from no more than 15 to no more than 19, including no more than 4 Directors who are Audit and Supervisory Committee Members. |
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 further strengthen corporate governance by enhancing the Board of Directors' audit and supervisory functions and speeding up decision-making on business execution.