Governance structure
Transition to a company with an Audit and Supervisory Committee planned (the current organizational structure is not stated)Subject to approval at the 56th Annual General Meeting of Shareholders scheduled for June this year, the Company plans to transition to a company with an Audit and Supervisory Committee. Details of the amendments to the Articles of Incorporation and officer appointments will be announced once finalized.
| Item | Details |
|---|---|
| Corporate Governance Structure | Transition to a company with an Audit and Supervisory Committee planned (the current organizational structure is not stated) |
| Committee | Audit and Supervisory Committee (proportion of outside members: Not disclosed) |
| Changes this time | Subject to approval at the 56th Annual General Meeting of Shareholders scheduled for June this year, the Company plans to transition to a company with an Audit and Supervisory Committee. Details of the amendments to the Articles of Incorporation and officer appointments will be announced once finalized. |
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 Company aims to enhance corporate value by strengthening oversight functions and its monitoring structure through granting voting rights at Board of Directors meetings to directors responsible for audit and supervision, and by accelerating decision-making by allowing the delegation of decisions on important business execution matters to directors.