Governance structure
Company with an Audit & Supervisory BoardNew provisions concerning alternate Audit & Supervisory Board members will be added to the Articles of Incorporation, establishing the validity period of the resolution approving their election and their term of office if they take office. A proposal to elect 1 alternate Audit & Supervisory Board member will be submitted to the General Meeting of Shareholders.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Changes this time | New provisions concerning alternate Audit & Supervisory Board members will be added to the Articles of Incorporation, establishing the validity period of the resolution approving their election and their term of office if they take office. A proposal to elect 1 alternate Audit & Supervisory Board member will be submitted to the General Meeting of Shareholders. |
Items this document does not state (6)
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 prepare for a situation in which the number of Audit & Supervisory Board members falls below the number prescribed by law. The main purpose of the amendments to the Articles of Incorporation is to establish the validity period of the resolution approving the election of an alternate Audit & Supervisory Board member and clarify the member's term of office if the alternate member takes office as an Audit & Supervisory Board member.