Governance structure
Planned change from a company with a board of company auditors to a company with an audit and supervisory committee, subject to approval of the necessary amendments to the Articles of Incorporation at the 44th Annual General Meeting of Shareholders scheduled for June 2026The Company has decided to change from a company with a board of company auditors to a company with an audit and supervisory committee. Audit and supervisory committee members will become members of the Board of Directors, and the Board of Directors’ authority to make decisions on the execution of business is planned to be delegable to directors. The Company states that it will announce the amendments to the Articles of Incorporation and officer appointments once they have been decided.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned change from a company with a board of company auditors to a company with an audit and supervisory committee, subject to approval of the necessary amendments to the Articles of Incorporation at the 44th Annual General Meeting of Shareholders scheduled for June 2026 |
| Committee | Audit and supervisory committee (planned transition). The proportion of outside committee members is Not disclosed |
| Changes this time | The Company has decided to change from a company with a board of company auditors to a company with an audit and supervisory committee. Audit and supervisory committee members will become members of the Board of Directors, and the Board of Directors’ authority to make decisions on the execution of business is planned to be delegable to directors. The Company states that it will announce the amendments to the Articles of Incorporation and officer appointments once they have been decided. |
Items this document does not state (5)
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 transition is intended to strengthen the Board of Directors’ oversight function by making audit and supervisory committee members members of the Board of Directors, thereby enhancing and strengthening corporate governance and achieving sustained growth in corporate value. It is also intended to accelerate decision-making and execution by making authority to make decisions on the execution of business delegable to directors.