Governance structure
Planned transition from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee (conditional on approval and passage at the general meeting of shareholders scheduled for 26 June 2026)In connection with the transition to a company with an Audit and Supervisory Committee, the company will submit to the general meeting of shareholders a restricted stock compensation plan for directors other than directors who are Audit and Supervisory Committee members. If approved, the company plans to apply the same plan to executive officers who do not concurrently serve as directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned transition from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee (conditional on approval and passage at the general meeting of shareholders scheduled for 26 June 2026) |
| Committee | Voluntary nomination and compensation committee (proportion of outside members: Not disclosed) |
| Changes this time | In connection with the transition to a company with an Audit and Supervisory Committee, the company will submit to the general meeting of shareholders a restricted stock compensation plan for directors other than directors who are Audit and Supervisory Committee members. If approved, the company plans to apply the same plan to executive officers who do not concurrently serve as directors. |
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 provide an incentive for the sustained enhancement of corporate value and promote the sharing of value between the eligible directors and shareholders. The plan revision is conditional on the proposal to amend the Articles of Incorporation in connection with the transition from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee being approved and passed at the general meeting of shareholders.