Governance structure
The Company plans to change to a Company with an Audit and Supervisory Committee (effective date scheduled for 22 September 2026)To change from a Company with an Audit and Supervisory Board to a Company with an Audit and Supervisory Committee, provisions concerning the Audit and Supervisory Committee and Directors who are Audit and Supervisory Committee Members will be newly established, while provisions concerning Audit & Supervisory Board Members and the Audit & Supervisory Board will be deleted. Provisions will also be newly established to allow the Board of Directors to delegate decisions on important business execution to individual directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | The Company plans to change to a Company with an Audit and Supervisory Committee (effective date scheduled for 22 September 2026) |
| Number of directors | After the change, no more than 10 Directors, excluding Directors who are Audit and Supervisory Committee Members, and no more than 7 Directors who are Audit and Supervisory Committee Members. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | To change from a Company with an Audit and Supervisory Board to a Company with an Audit and Supervisory Committee, provisions concerning the Audit and Supervisory Committee and Directors who are Audit and Supervisory Committee Members will be newly established, while provisions concerning Audit & Supervisory Board Members and the Audit & Supervisory Board will be deleted. Provisions will also be newly established to allow the Board of Directors to delegate decisions on important business execution to individual directors. |
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 enhance corporate governance and increase corporate value by making Audit and Supervisory Committee Members voting members of the Board of Directors, thereby strengthening the Board’s supervisory function, and by enabling the Board of Directors to broadly delegate decisions on business execution to individual directors, thereby speeding up management decision-making.