Worth reading
70In focus
Scored from 1 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
5
Reduction in the maximum number of directorsWording
Conditional
How definitive the wording is.Governance structure
Number of directorsMaximum number under the Articles of Incorporation: 12 before the amendment and 7 after the amendment. Actual total and number of outside directors: Not disclosed
Changes this time
The number of directors specified in Article 18 of the current Articles of Incorporation is scheduled to be changed from 12 to 7.
| Item | Details |
|---|---|
| Number of directors | Maximum number under the Articles of Incorporation: 12 before the amendment and 7 after the amendment. Actual total and number of outside directors: Not disclosed |
| Changes this time | The number of directors specified in Article 18 of the current Articles of Incorporation is scheduled to be changed from 12 to 7. |
Items this document does not state (6)
Corporate Governance StructureNumber of independent officersCommitteePolicy 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 further improve management efficiency by invigorating the Board of Directors and speeding up decision-making.
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.