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)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.
| Item | Details |
|---|---|
| Corporate 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) |
| Committee | 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. |
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.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.