Governance structure
Current: Company with a Board of Corporate Auditors; after transition: Company with an Audit and Supervisory Committee (subject to approval at the General Meeting of Shareholders scheduled for late July 2026)The Company resolved to transition from a Company with a Board of Corporate Auditors to a Company with an Audit and Supervisory Committee. The appointment of officers and details of the new structure following the transition have not yet been determined.
| Item | Details |
|---|---|
| Corporate Governance Structure | Current: Company with a Board of Corporate Auditors; after transition: Company with an Audit and Supervisory Committee (subject to approval at the General Meeting of Shareholders scheduled for late July 2026) |
| Committee | Audit and Supervisory Committee (following the transition, outside directors will constitute a majority) |
| Changes this time | The Company resolved to transition from a Company with a Board of Corporate Auditors to a Company with an Audit and Supervisory Committee. The appointment of officers and details of the new structure following the transition have not yet been determined. |
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 Board of Directors’ oversight function and enhance transparency and objectivity. The Company also aims to delegate more authority from the Board of Directors to the executive side, thereby making decision-making and business execution faster and more agile.