Governance structure
Company with an Audit and Supervisory CommitteeAddition and reorganization of business purposes, increase in the total number of authorized shares from 24,000,000 to 50,000,000, introduction of provisions concerning shareholders meetings without a designated location, introduction of provisions concerning the terms of office for additional and substitute directors, change from “shall select” to “may select” a full-time Audit and Supervisory Committee Member, and introduction of provisions concerning the decision-making body for dividends of surplus and other matters.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Audit and Supervisory Committee (proportion of outside members: Not disclosed) |
| Changes this time | Addition and reorganization of business purposes, increase in the total number of authorized shares from 24,000,000 to 50,000,000, introduction of provisions concerning shareholders meetings without a designated location, introduction of provisions concerning the terms of office for additional and substitute directors, change from “shall select” to “may select” a full-time Audit and Supervisory Committee Member, and introduction of provisions concerning the decision-making body for dividends of surplus and other matters. |
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.To respond to the future expansion and diversification of the Company's business domains, implement flexible capital and dividend policies, clarify the terms of office for additional and substitute directors, establish an environment that enables effective audits even when no full-time Audit and Supervisory Committee Member is selected, and reduce the risks associated with holding shareholders meetings while making them easier to attend, more active and more efficient.