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Governance324ABooking Resort Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Transition to a Company with an Audit and Supervisory Committee

Subject to approval at the General Meeting of Shareholders, the Company has decided to transition from a Company with a Board of Corporate Auditors to a Company with an Audit and Supervisory Committee. Following the transition, the Company aims to establish an oversight structure in which outside directors who are Audit and Supervisory Committee members constitute a majority.

Worth reading
70In focus
Scored from 1 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
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Wording
Conditional
How definitive the wording is.

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)
Committee2
Audit and Supervisory Committee (following the transitionoutside 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.

Governance structure
ItemDetails
Corporate Governance StructureCurrent: 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)
CommitteeAudit and Supervisory Committee (following the transition, outside directors will constitute a majority)
Changes this timeThe 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)
Number of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

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.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Transition to a Company with an Audit and Supervisory Committee | Booking Resort Co.,Ltd. (324A) timely disclosure | Komori