Komori
Governance5987ONEX CorporationConstruction and Materials

Notice Regarding the Transition to a Company with an Audit and Supervisory Committee

The Company has decided to transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, subject to approval at the annual general meeting of shareholders scheduled for September 2026. Details of the amendments to the Articles of Incorporation and the changes in officers will be determined and announced at a later date.

Worth reading
70In focus
Scored from 1 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Governance structure

Planned transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee (subject to approval at the 75th annual general meeting of shareholders scheduled for September 2026)
Committee1
An Audit & Supervisory Committee is scheduled to be established. Proportion of outside committee members: not disclosed
Changes this time

The Company plans to transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee. The amendments to the Articles of Incorporation and changes in officers will be announced once determined.

Governance structure
ItemDetails
Corporate Governance StructurePlanned transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee (subject to approval at the 75th annual general meeting of shareholders scheduled for September 2026)
CommitteeAn Audit & Supervisory Committee is scheduled to be established. Proportion of outside committee members: not disclosed
Changes this timeThe Company plans to transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee. The amendments to the Articles of Incorporation and changes in officers will be announced once determined.
Items this document does not state (5)
Number of directorsNumber of independent officersPolicy 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.

The transition is intended to strengthen the Board of Directors’ supervisory function and enhance corporate governance. It is also intended to improve the effectiveness of audits through collaboration between the Audit and Supervisory Committee and the internal audit department, and to accelerate decision-making and execution by delegating authority to directors.

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.
Notice Regarding the Transition to a Company with an Audit and Supervisory Committee | ONEX Corporation (5987) timely disclosure | Komori