Governance structure
Current: Company with a Board of Corporate Auditors. Proposed change: Company with an Audit and Supervisory Committee (scheduled for 25 June 2026)Change in the corporate governance structure from a Board of Corporate Auditors to an Audit and Supervisory Committee, establishment of provisions concerning Audit and Supervisory Committee Members, deletion of provisions concerning Corporate Auditors and the Board of Corporate Auditors, changes to the scope of limited liability agreements, and addition to the business purposes of equity investments in and investments in other companies and the management thereof.
| Item | Details |
|---|---|
| Corporate Governance Structure | Current: Company with a Board of Corporate Auditors. Proposed change: Company with an Audit and Supervisory Committee (scheduled for 25 June 2026) |
| Number of directors | Total: Not disclosed. Directors who are Audit and Supervisory Committee Members: no more than 5. Outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee (percentage of outside members: Not disclosed). Nominating Committee and Compensation Committee: Not disclosed |
| Changes this time | Change in the corporate governance structure from a Board of Corporate Auditors to an Audit and Supervisory Committee, establishment of provisions concerning Audit and Supervisory Committee Members, deletion of provisions concerning Corporate Auditors and the Board of Corporate Auditors, changes to the scope of limited liability agreements, and addition to the business purposes of equity investments in and investments in other companies and the management thereof. |
Items this document does not state (4)
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 make the necessary amendments to the Articles of Incorporation in connection with the change to a Company with an Audit and Supervisory Committee, secure directors who are not executive directors or equivalent officers and enable them to fulfill their roles, and establish a system for equity investments in and investments in external companies aimed at business growth, the creation of new businesses and enhancement of corporate value, as well as the creation of business synergies and the generation of investment returns over the medium to long term.