Governance structure
Company with an Audit and Supervisory CommitteeThe three shareholder proposals will be put before the annual general meeting of shareholders, and the Board of Directors has resolved to oppose them.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Voluntary compensation committee (proportion of outside members: not disclosed) |
| Changes this time | The three shareholder proposals will be put before the annual general meeting of shareholders, and the Board of Directors has resolved to oppose them. |
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.Regarding dividends, the company needs to secure retained earnings required for future business development and to strengthen its management base, while advancing growth investments and buy-side M&A. Regarding executive compensation, the company determined that individual disclosure under the Articles of Incorporation is unnecessary because compensation is decided fairly and transparently by the Compensation Committee and disclosed in accordance with applicable laws and regulations. Regarding the company name, the “三井金属” brand has value as a source of trust and an intangible asset, and changing the name to “環境ファースト株式会社” would diminish that value and the principles it represents.