Governance structure
Company with an Audit and Supervisory CommitteeThe company transitioned to a Company with an Audit and Supervisory Committee, and the chair of the board changed to independent outside director Kato Mikihiko (加藤 三紀彦). The company transitioned to a new structure in which 5 of the 9 directors excluding directors who are Audit and Supervisory Committee members, and 4 of the 6 directors who are Audit and Supervisory Committee members, are outside directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 15 directors (9 directors excluding directors who are Audit and Supervisory Committee members, and 6 directors who are Audit and Supervisory Committee members), including 9 outside directors (5 + 4) |
| Committee | Audit and Supervisory Committee. Outside members: 4 of 6. Nomination and Compensation Committee: Not disclosed |
| Changes this time | The company transitioned to a Company with an Audit and Supervisory Committee, and the chair of the board changed to independent outside director Kato Mikihiko (加藤 三紀彦). The company transitioned to a new structure in which 5 of the 9 directors excluding directors who are Audit and Supervisory Committee members, and 4 of the 6 directors who are Audit and Supervisory Committee members, are outside 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.In response to the inappropriate accounting matter, to strengthen the internal control system and corporate governance and enhance the board's oversight and check functions, independence, objectivity and transparency. To clarify the separation of executive management and oversight and promote fair and active deliberations.