Worth reading
91Important
Scored from 1 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
2
Statutory auditor cap (people)Wording
Conditional
How definitive the wording is.Governance structure
Company with an Audit & Supervisory BoardChanges this time
Resolved to submit to the general meeting of shareholders a proposal to amend the Articles of Incorporation to change the cap on the number of statutory auditors from no more than 3 to no more than 5. The Audit & Supervisory Board is expected to be enhanced from its current 3-member structure.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Changes this time | Resolved to submit to the general meeting of shareholders a proposal to amend the Articles of Incorporation to change the cap on the number of statutory auditors from no more than 3 to no more than 5. The Audit & Supervisory Board is expected to be enhanced from its current 3-member structure. |
Items this document does not state (6)
Number of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder
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 improve the effectiveness of oversight and strengthen the risk management framework, appoint individuals with a high level of expertise in finance, accounting and compliance as statutory auditors, and enhance the Audit & Supervisory Board from its current 3-member structure.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.