Worth reading
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Scored from 0 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Governance structure
Company with an Audit & Supervisory BoardChanges this time
Subject to approval at the shareholders meeting, the Company plans to add a provision to its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, allowing it to acquire treasury shares by resolution of the Board of Directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Changes this time | Subject to approval at the shareholders meeting, the Company plans to add a provision to its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, allowing it to acquire treasury shares by resolution of the Board of Directors. |
Items this document does not state (6)
Number of directorsNumber of independent officersCommitteePolicy 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.The purpose is to establish a framework that enables the Company to pursue a flexible capital policy in response to the need to improve capital efficiency, enhance shareholder value and adapt to changes in the market environment.
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.