Governance structure
Current: company with a board of corporate auditors; proposed change: company with an Audit and Supervisory Committee (scheduled for 29 September 2026)Transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Establishment of provisions concerning the Audit and Supervisory Committee and directors who are Audit and Supervisory Committee members, and deletion of provisions concerning corporate auditors and the Board of Corporate Auditors. The term of office for directors other than Audit and Supervisory Committee members will be changed from 2 years to 1 year, and a provision will be established allowing the delegation to directors of decisions on important business execution.
| Item | Details |
|---|---|
| Corporate Governance Structure | Current: company with a board of corporate auditors; proposed change: company with an Audit and Supervisory Committee (scheduled for 29 September 2026) |
| Number of directors | Total: no more than 11 directors, including no more than 5 directors who are Audit and Supervisory Committee members |
| Committee | Audit and Supervisory Committee; proportion of outside members: Not disclosed |
| Changes this time | Transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Establishment of provisions concerning the Audit and Supervisory Committee and directors who are Audit and Supervisory Committee members, and deletion of provisions concerning corporate auditors and the Board of Corporate Auditors. The term of office for directors other than Audit and Supervisory Committee members will be changed from 2 years to 1 year, and a provision will be established allowing the delegation to directors of decisions on important business execution. |
Items this document does not state (4)
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 transition from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee in order to strengthen corporate governance.