Worth reading
100Important
Scored from 1 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Governance structure
Planned transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, subject to shareholder approval of amendments to the Articles of IncorporationCommittee1
An Audit & Supervisory Committee is scheduled to be established. Proportion of outside committee members: not disclosed
Changes this time
Resolution to transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Details of the amendments to the Articles of Incorporation and officer appointments associated with the transition will be announced once decided
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, subject to shareholder approval of amendments to the Articles of Incorporation |
| Committee | An Audit & Supervisory Committee is scheduled to be established. Proportion of outside committee members: not disclosed |
| Changes this time | Resolution to transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Details of the amendments to the Articles of Incorporation and officer appointments associated with the transition will be announced once decided |
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 prevent recurrence in light of the inappropriate accounting matter, strengthen corporate governance, improve the effectiveness of the Board of Directors’ oversight and checks-and-balances functions, clarify the division of roles between oversight and execution, improve management agility, and restore the trust of stakeholders.
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.