Governance structure
Company with an audit and supervisory committee (subject to approval at the annual general meeting of shareholders scheduled for 17 December 2026)This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
The company plans to change from a company with an audit and supervisory board to a company with an audit and supervisory committee. It plans to appoint 3 directors who are audit and supervisory committee members, while 2 audit and supervisory board members are scheduled to leave office. The composition of the director candidates is also scheduled to change.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an audit and supervisory committee (subject to approval at the annual general meeting of shareholders scheduled for 17 December 2026) |
| Number of directors | 9 planned (including 5 outside directors). 6 directors other than directors who are audit and supervisory committee members, and 3 directors who are audit and supervisory committee members |
| Number of independent officers | 4 planned (Senni Noboru (仙仁登), Tanaka Kei (田中渓), Katayama Eiji (片山英二), and Okura Saira (大藏さいら)) |
| Committee | Audit and Supervisory Committee: 2 outside members out of 3 (two-thirds outside) planned. Nomination Committee and Compensation Committee: Not disclosed |
| Changes this time | The company plans to change from a company with an audit and supervisory board to a company with an audit and supervisory committee. It plans to appoint 3 directors who are audit and supervisory committee members, while 2 audit and supervisory board members are scheduled to leave office. The composition of the director candidates is also scheduled to change. |
Items this document does not state (3)
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 further enhance corporate governance, strengthen audit and oversight functions, and accelerate decision-making by changing to a company with an audit and supervisory committee.