Who is moving to which position
Resolved 19 October 2026Incoming appointee
1 itemDeparting officer
1 itemThe Company is working to enhance the Board of Directors' oversight function with the aim of improving corporate value over the medium to long term and further strengthening corporate governance. Following this change in executive personnel, the Company will have 2 independent outside directors, creating a structure that meets the number of independent outside directors required under the Corporate Governance Code (Principle 4-10).
The Company is requesting his appointment as an outside director, having determined that he will be able to provide objective advice and oversight of the Company's management by drawing on his experience as a director of another company.
| Item | Details |
|---|---|
| Resolution date | 19 October 2026 |
| Scheduled Appointment Date | Subject to approval at the 67th Annual General Meeting of Shareholders scheduled for 20 November 2026. The specific effective date is Not disclosed. |
| Name of appointee | Okada Setsuo (岡田節雄) |
| Appointee's new position | Outside director candidate |
| Appointee's previous position | Retired from 株式会社メタルクリエイト (May 2026). Adviser to the Company (currently). |
| Appointee's date of birth | 3 March 1958 |
| Year the appointee joined the Company | 2026 |
| Name of departing officer | Endo Masaaki (遠藤正明) |
| Former position of departing officer | Director and General Manager of the Administration Department |
| Reason for change | The Company is working to enhance the Board of Directors' oversight function with the aim of improving corporate value over the medium to long term and further strengthening corporate governance. Following this change in executive personnel, the Company will have 2 independent outside directors, creating a structure that meets the number of independent outside directors required under the Corporate Governance Code (Principle 4-10). |
| Reasons for appointment | The Company is requesting his appointment as an outside director, having determined that he will be able to provide objective advice and oversight of the Company's management by drawing on his experience as a director of another company. |
| Filing as an independent officer | The Company plans to register Okada Setsuo (岡田節雄) as an independent officer in accordance with the rules prescribed by the Tokyo Stock Exchange. |
| Subject to Approval by the General Meeting of Shareholders | Required. The Company plans to submit an agenda item for the election of the director candidates at the 67th Annual General Meeting of Shareholders scheduled for 20 November 2026. |
Items this document does not state (8)
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 purpose is to provide objective advice and oversight drawing on experience as a director of another company, and to strengthen the Board of Directors' oversight function and corporate governance.