Governance structure
Company with an Audit and Supervisory Committee (planned transition subject to approval at the 80th Ordinary General Meeting of Shareholders scheduled for December 2026 and the conclusion of that meeting; currently a company with a board of corporate auditors)The company plans to transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Directors who are Audit and Supervisory Committee Members will be granted voting rights at meetings of the Board of Directors, and an Audit and Supervisory Committee with a majority of outside directors will be established. The company also plans to establish a structure under which some authority to make important decisions on the execution of business may be delegated to executive directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (planned transition subject to approval at the 80th Ordinary General Meeting of Shareholders scheduled for December 2026 and the conclusion of that meeting; currently a company with a board of corporate auditors) |
| Committee | Audit and Supervisory Committee (with a majority of outside directors) |
| Changes this time | The company plans to transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Directors who are Audit and Supervisory Committee Members will be granted voting rights at meetings of the Board of Directors, and an Audit and Supervisory Committee with a majority of outside directors will be established. The company also plans to establish a structure under which some authority to make important decisions on the execution of business may be delegated to executive directors. |
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 strengthen the Audit and Supervisory Committee's monitoring and oversight of management, further enhance the corporate governance structure, sustainably increase corporate value, accelerate decision-making and improve management efficiency.