Komori
Governance5482AICHI STEEL CORPORATIONIron & Steel, Nonferrous Metals

Notice Regarding Partial Amendments to the Articles of Incorporation

To transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, provisions concerning Corporate Auditors and the Board of Corporate Auditors will be deleted, while provisions concerning the Audit and Supervisory Committee and Audit and Supervisory Committee Members will be newly established. In addition, provisions will be established allowing the Company to delegate decisions on important business execution to Directors.

Worth reading
72In focus
Scored from 2 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee (scheduled for 16 June 2026)
Number of directorsNo more than 10 Directors who are not Audit and Supervisory Committee Members and no more than 5 Directors who are Audit and Supervisory Committee Members (maximum total of 15)
Committee1
Audit and Supervisory Committee
Changes this time

The Company will transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. Provisions concerning the Audit and Supervisory Committee, Audit and Supervisory Committee Members, and the delegation of decisions on important business execution will be newly established, while provisions concerning the Board of Corporate Auditors and Corporate Auditors will be deleted.

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee (scheduled for 16 June 2026)
Number of directorsNo more than 10 Directors who are not Audit and Supervisory Committee Members and no more than 5 Directors who are Audit and Supervisory Committee Members (maximum total of 15)
CommitteeAudit and Supervisory Committee (proportion of outside members: Not disclosed)
Changes this timeThe Company will transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. Provisions concerning the Audit and Supervisory Committee, Audit and Supervisory Committee Members, and the delegation of decisions on important business execution will be newly established, while provisions concerning the Board of Corporate Auditors and Corporate Auditors will be deleted.
Items this document does not state (4)
Number of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder

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, accelerate decision-making, and further strengthen and enhance corporate governance.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Partial Amendments to the Articles of Incorporation | AICHI STEEL CORPORATION (5482) timely disclosure | Komori