Governance structure
Company with an Audit and Supervisory Committee (scheduled for 25 June 2026, pending shareholder approval)Provisions concerning Audit & Supervisory Board members and the Audit and Supervisory Board will be deleted, and provisions concerning the Audit and Supervisory Committee and its members will be established. The number and terms of office of directors will be categorized, and provisions will be established concerning the delegation of decisions on important business execution and the Board of Directors' authority to decide on dividends of surplus and other related matters. The current Article 7 concerning the acquisition of treasury shares will be deleted.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (scheduled for 25 June 2026, pending shareholder approval) |
| Number of directors | Under the proposed amendments, no more than 7 directors who are not Audit and Supervisory Committee members and no more than 4 directors who are Audit and Supervisory Committee members. Total of no more than 11 directors. Number of outside directors: not disclosed |
| Committee | Audit and Supervisory Committee. Proportion of outside members: Not disclosed. Nomination Committee and Compensation Committee: Not disclosed |
| Changes this time | Provisions concerning Audit & Supervisory Board members and the Audit and Supervisory Board will be deleted, and provisions concerning the Audit and Supervisory Committee and its members will be established. The number and terms of office of directors will be categorized, and provisions will be established concerning the delegation of decisions on important business execution and the Board of Directors' authority to decide on dividends of surplus and other related matters. The current Article 7 concerning the acquisition of treasury shares will be deleted. |
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 further enhance management transparency and accelerate decision-making. Also, to enable the Company to return profits to shareholders in a more flexible manner.