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Governance5711Mitsubishi Materials CorporationIron & Steel, Nonferrous Metals

Corporate Governance Report 2026/06/23

The company has adopted a three-committee structure that focuses the Board of Directors on oversight and establishes nomination, compensation and audit committees. It also stipulates that executive officer compensation consists of base compensation, an annual bonus and stock-based compensation, with performance-linked provisions and a clawback mechanism.

Worth reading
100Important
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Definitive
How definitive the wording is.

Governance structure

Company with Three Committees
Number of directors10 directors (including 7 outside directors)
Committee3
Nomination CommitteeCompensation Committeeand Audit Committee . Outside members account for 100% of the members of both the Nomination and Compensation Committees.
Percentage of outside members 3 outside members and 0 inside members
Governance structure
ItemDetails
Corporate Governance StructureCompany with Three Committees
Number of directors10 directors (including 7 outside directors)
CommitteeNomination Committee (3 outside members and 0 inside members), Compensation Committee (3 outside members and 0 inside members), and Audit Committee (4 outside members and 0 inside members). Outside members account for 100% of the members of both the Nomination and Compensation Committees.
Items this document does not state (5)
Number of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholderChanges this time

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 establish a compensation system that is attractive to executives responsible for enhancing corporate value over the medium to long term, and compensation governance that enables the company to fulfill its accountability to shareholders and other stakeholders.

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.
Corporate Governance Report 2026/06/23 | Mitsubishi Materials Corporation (5711) timely disclosure | Komori