Governance structure
Scheduled transition from a Company with a Board of Corporate Auditors to a Company with an Audit & Supervisory Committee, subject to approval at the General Meeting of ShareholdersThe Company has resolved to transition from a Company with a Board of Corporate Auditors to a Company with an Audit & Supervisory Committee. Details, including the amendments to the Articles of Incorporation and the structure of the Company's officers, will be determined in due course.
| Item | Details |
|---|---|
| Corporate Governance Structure | Scheduled transition from a Company with a Board of Corporate Auditors to a Company with an Audit & Supervisory Committee, subject to approval at the General Meeting of Shareholders |
| Committee | An Audit & Supervisory Committee is scheduled to be established. Proportion of outside committee members: not disclosed |
| Changes this time | The Company has resolved to transition from a Company with a Board of Corporate Auditors to a Company with an Audit & Supervisory Committee. Details, including the amendments to the Articles of Incorporation and the structure of the Company's officers, will be determined in due course. |
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.To strengthen the management structure so that the Company can respond swiftly to changes in the external environment, further enhance corporate governance, and strengthen the Board of Directors' oversight functions.