Who is moving to which position
Resolved 28 April 2026Incoming appointee
1 itemNo directors will retire. All 5 director candidates are candidates for reappointment.
Following the recommendation of the Nomination and Compensation Committee, the Company determined that the candidates are expected to contribute to strengthening the Company’s governance structure, enhancing the Board of Directors’ oversight function, and sustainably increasing corporate value, based on their extensive experience and advanced knowledge of the business as a whole.
For Ota Susumu (太田進) and Matsuwaka Eriko (松若恵理子), the Company expects their extensive knowledge and experience in corporate management, opinions based on a long-term perspective and viewpoints different from those previously held, and high degree of independence to strengthen the Board of Directors’ oversight function.
| Item | Details |
|---|---|
| Resolution date | 28 April 2026 |
| Scheduled Appointment Date | Effective 24 June 2026, subject to approval of the proposal for the election of directors at the 158th Annual General Meeting of Shareholders scheduled for the same day |
| Name of appointee | Not applicable (all 5 are candidates for reappointment) |
| Whether the incumbent will remain in office | No directors will retire. All 5 director candidates are candidates for reappointment. |
| Reason for change | Following the recommendation of the Nomination and Compensation Committee, the Company determined that the candidates are expected to contribute to strengthening the Company’s governance structure, enhancing the Board of Directors’ oversight function, and sustainably increasing corporate value, based on their extensive experience and advanced knowledge of the business as a whole. |
| Reasons for appointment | For Ota Susumu (太田進) and Matsuwaka Eriko (松若恵理子), the Company expects their extensive knowledge and experience in corporate management, opinions based on a long-term perspective and viewpoints different from those previously held, and high degree of independence to strengthen the Board of Directors’ oversight function. |
| Number of directors after the change | 5 (including 2 outside directors) |
| Subject to Approval by the General Meeting of Shareholders | Yes. The proposal for the election of directors at the 158th Annual General Meeting of Shareholders, scheduled for 24 June 2026. |
Items this document does not state (13)
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.Following the recommendation of the Nomination and Compensation Committee, the Company will continue to nominate the candidates as directors based on their extensive experience, broad knowledge of the business, expected contribution to strengthening the governance structure and the Board of Directors’ oversight function, and contribution to the sustained enhancement of corporate value.