Governance structure
Scheduled to change from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, subject to approval of amendments to the Articles of Incorporation at the 124th Annual General Meeting of Shareholders scheduled for June 2026The Company has resolved to change from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. Amendments to the Articles of Incorporation and appointments of officers will be announced once decided.
| Item | Details |
|---|---|
| Corporate Governance Structure | Scheduled to change from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, subject to approval of amendments to the Articles of Incorporation at the 124th Annual General Meeting of Shareholders scheduled for June 2026 |
| Committee | Audit and Supervisory Committee (proportion of outside members: Not disclosed) |
| Changes this time | The Company has resolved to change from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. Amendments to the Articles of Incorporation and appointments of officers will be announced once decided. |
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.To strengthen the supervisory function of the Board of Directors and enhance the corporate governance structure by granting directors who are Audit and Supervisory Committee members voting rights at meetings of the Board of Directors. In addition, to accelerate management decision-making and execution by enabling the Board of Directors to delegate decisions regarding the execution of duties to directors.