Governance structure
Current: Company with a Board of Corporate Auditors. Proposed change: Company with an Audit and Supervisory Committee (scheduled for 25 June 2026)The Company will transition from a company with a Board of Company Auditors to a company with an Audit & Supervisory Committee. Provisions concerning Audit & Supervisory Committee members and the Audit & Supervisory Committee will be added, and provisions concerning company auditors and the Board of Company Auditors will be deleted. Directors will be elected separately as directors who are Audit & Supervisory Committee members and other directors, and their compensation will also be determined separately.
| Item | Details |
|---|---|
| Corporate Governance Structure | Current: Company with a Board of Corporate Auditors. Proposed change: Company with an Audit and Supervisory Committee (scheduled for 25 June 2026) |
| Number of directors | Proposed change: No more than 6 directors excluding directors who are Audit & Supervisory Committee members, and no more than 5 directors who are Audit & Supervisory Committee members. 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 | The Company will transition from a company with a Board of Company Auditors to a company with an Audit & Supervisory Committee. Provisions concerning Audit & Supervisory Committee members and the Audit & Supervisory Committee will be added, and provisions concerning company auditors and the Board of Company Auditors will be deleted. Directors will be elected separately as directors who are Audit & Supervisory Committee members and other directors, and their compensation will also be determined separately. |
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 strengthen the Board of Directors’ supervisory function, enhance and reinforce corporate governance, achieve sustainable growth in corporate value, and accelerate management decision-making and execution.