Governance structure
Company with an Audit and Supervisory CommitteeAt the annual shareholders’ meeting held on 27 June 2025, the annual compensation cap for directors excluding those who are Audit and Supervisory Committee members was increased from ¥300 million or less to ¥350 million or less. The annual cap for restricted stock-based compensation was changed from ¥50 million or less to ¥100 million or less, and the cap on the number of shares was set at 25,000 shares or less per year (50,000 shares or less after the stock split).
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 10 directors in total, including 5 outside directors |
| Committee | Nomination and Compensation Committee; at least half of its members are outside members (independent outside directors) |
| Changes this time | At the annual shareholders’ meeting held on 27 June 2025, the annual compensation cap for directors excluding those who are Audit and Supervisory Committee members was increased from ¥300 million or less to ¥350 million or less. The annual cap for restricted stock-based compensation was changed from ¥50 million or less to ¥100 million or less, and the cap on the number of shares was set at 25,000 shares or less per year (50,000 shares or less after the stock split). |
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 enable directors to properly perform their roles and responsibilities and to ensure and enhance their effectiveness. Restricted stock-based compensation is intended to achieve sustained growth in corporate value and share value with shareholders.