Governance structure
Company with an Audit and Supervisory Committee (planned transition)In connection with the transition to a Company with an Audit and Supervisory Committee, the Company will abolish the current directors’ compensation framework and submit to the shareholders meeting a proposal setting the annual compensation limit at ¥150 million or less for directors who are not Audit and Supervisory Committee Members, including ¥40 million or less for outside directors, and at ¥30 million or less for directors who are Audit and Supervisory Committee Members.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (planned transition) |
| Changes this time | In connection with the transition to a Company with an Audit and Supervisory Committee, the Company will abolish the current directors’ compensation framework and submit to the shareholders meeting a proposal setting the annual compensation limit at ¥150 million or less for directors who are not Audit and Supervisory Committee Members, including ¥40 million or less for outside directors, and at ¥30 million or less for directors who are Audit and Supervisory Committee Members. |
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.In connection with the transition to a Company with an Audit and Supervisory Committee, to set compensation at a level appropriate to the responsibilities of directors who are Audit and Supervisory Committee Members. The Company also took comprehensive consideration of the responsibilities of Audit and Supervisory Committee Members, the scale of its business, and the need to respond flexibly to future demands for stronger governance.