Transition to a Company with an Audit and Supervisory Committee and Strengthening Oversight

「We believe that continuously enhancing corporate value by increasing the fairness, objectivity and transparency of management and clarifying management responsibility is the cornerstone of corporate management.」

「The Company has established a voluntary Nominating and Compensation Advisory Committee to strengthen management transparency and soundness. It has also adopted a company with an Audit and Supervisory Committee in order to further strengthen the Board of Directors' audit and supervisory functions by granting directors who are Audit and Supervisory Committee members voting rights at Board meetings, while enabling faster and more efficient decision-making on the execution of operations.」