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Governance4088AIR WATER INC.Materials and Chemicals

Articles of Incorporation 2026/09/22

The Articles of Incorporation appear to have been amended on 22 September 2026, changing the corporate governance structure from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee. New provisions have been added concerning the Audit & Supervisory Committee, directors who are Audit & Supervisory Committee members, and the delegation by the Board of Directors of decisions on important business execution.

Worth reading
53Recurring
Scored from 2 of 5 sections
Direction
Mixed performance
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

Company with an Audit and Supervisory Committee
Number of directorsNo more than 10 directors who are not Audit & Supervisory Committee members, and no more than 7 directors who are Audit & Supervisory Committee members (no overall cap is specified)
Committee1
Audit and Supervisory Committee
Changes this time

Amended on 22 September 2026. Provisions have been established concerning the establishment of the Audit & Supervisory Committee, and the number, appointment, term of office and compensation of directors who are Audit & Supervisory Committee members, as well as the delegation by the Board of Directors of decisions on important business execution. No comparison detailing the specific changes from the previous Articles of Incorporation is provided.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directorsNo more than 10 directors who are not Audit & Supervisory Committee members, and no more than 7 directors who are Audit & Supervisory Committee members (no overall cap is specified)
CommitteeAudit and Supervisory Committee (proportion of outside members: Not disclosed)
Changes this timeAmended on 22 September 2026. Provisions have been established concerning the establishment of the Audit & Supervisory Committee, and the number, appointment, term of office and compensation of directors who are Audit & Supervisory Committee members, as well as the delegation by the Board of Directors of decisions on important business execution. No comparison detailing the specific changes from the previous Articles of Incorporation is provided.
Items this document does not state (4)
Number 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.

The Articles of Incorporation do not state the reason for the changes.

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.
Articles of Incorporation 2026/09/22 | AIR WATER INC. (4088) timely disclosure | Komori