Governance structure
Company with an Audit & Supervisory BoardThe company formulated 20 governance enhancement and recurrence prevention measures across 5 categories. It will strengthen the evaluation of management and deliberations on reappointment by a Nomination Committee composed solely of outside directors, and review the internal whistleblowing system and support structure for the Audit & Supervisory Board.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Committee | Nomination Committee, Compensation Committee (proportion of outside members: Not disclosed) |
| Changes this time | The company formulated 20 governance enhancement and recurrence prevention measures across 5 categories. It will strengthen the evaluation of management and deliberations on reappointment by a Nomination Committee composed solely of outside directors, and review the internal whistleblowing system and support structure for the Audit & Supervisory Board. |
Items this document does not state (5)
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 cited causes include power harassment by the former representative director, excessive concentration of authority in senior management, insufficient checks and balances by the Board of Directors and Audit & Supervisory Board, and insufficient independence and objectivity in information sharing and the internal whistleblowing system.