Governance structure
Company with an Audit and Supervisory CommitteeIn 2024, the company changed from a company with an audit & supervisory board to a company with an audit and supervisory committee. Following the transition, the report discusses a reduction in the number of matters submitted to the Board of Directors for deliberation and the number of reports to the Board, the delegation of authority, the participation of outside directors, information sharing among committee members, and improvements in the transparency of the executive compensation determination process.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Audit and Supervisory Committee (the proportion of outside members is Not disclosed). Internal Control Committee; Sustainability Committee (the proportion of outside members is Not disclosed) |
| Changes this time | In 2024, the company changed from a company with an audit & supervisory board to a company with an audit and supervisory committee. Following the transition, the report discusses a reduction in the number of matters submitted to the Board of Directors for deliberation and the number of reports to the Board, the delegation of authority, the participation of outside directors, information sharing among committee members, and improvements in the transparency of the executive compensation determination process. |
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 accelerate decision-making and business execution by delegating authority to directors for decisions on important business execution matters, and to strengthen the Board of Directors’ oversight function.