Governance structure
Company with an Audit and Supervisory CommitteeThe terms of the BIP Trust and ESOP Trust will be extended by 2 years, from August 2026 to the end of August 2028. Directors who are not Audit and Supervisory Committee Members, executive officers and managerial employees will move from a fixed-point structure to a performance-linked structure. The scope of managerial employees eligible for the ESOP Trust will be expanded. Directors who are Audit and Supervisory Committee Members will maintain the fixed structure, while the number of shares subject to the limit will be increased.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Changes this time | The terms of the BIP Trust and ESOP Trust will be extended by 2 years, from August 2026 to the end of August 2028. Directors who are not Audit and Supervisory Committee Members, executive officers and managerial employees will move from a fixed-point structure to a performance-linked structure. The scope of managerial employees eligible for the ESOP Trust will be expanded. Directors who are Audit and Supervisory Committee Members will maintain the fixed structure, while the number of shares subject to the limit will be increased. |
Items this document does not state (6)
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 increase awareness of contributing to the enhancement of corporate value over the medium to long term and strengthen the sharing of interests with shareholders. Under the ESOP Trust, the scope of eligible managerial employees will be expanded to increase awareness of participating in the enhancement of corporate value across the Company. The increase in the share limit for directors who are Audit and Supervisory Committee Members takes into account recent economic conditions and other factors.