Governance structure
Planned transition to a company with an Audit and Supervisory Committee (subject to approval at the General Meeting of Shareholders scheduled for 27 June 2026)In connection with the planned transition to a company with an Audit and Supervisory Committee, the Company will submit proposals to the General Meeting of Shareholders regarding the compensation limits for directors excluding Audit and Supervisory Committee members and for directors who are Audit and Supervisory Committee members after the transition. The compensation limit for directors excluding Audit and Supervisory Committee members is planned to be no more than ¥230 million per year, including no more than ¥30 million per year for outside directors, while the compensation limit for directors who are Audit and Supervisory Committee members is planned to be no more than ¥50 million per year.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned transition to a company with an Audit and Supervisory Committee (subject to approval at the General Meeting of Shareholders scheduled for 27 June 2026) |
| Number of directors | After the transition, 3 directors excluding Audit and Supervisory Committee members are planned, including 1 outside director. 3 directors who are Audit and Supervisory Committee members are planned, including 2 outside directors. |
| Committee | Audit and Supervisory Committee. 2 of the 3 members are planned to be outside members (approximately 66.7%). |
| Changes this time | In connection with the planned transition to a company with an Audit and Supervisory Committee, the Company will submit proposals to the General Meeting of Shareholders regarding the compensation limits for directors excluding Audit and Supervisory Committee members and for directors who are Audit and Supervisory Committee members after the transition. The compensation limit for directors excluding Audit and Supervisory Committee members is planned to be no more than ¥230 million per year, including no more than ¥30 million per year for outside directors, while the compensation limit for directors who are Audit and Supervisory Committee members is planned to be no more than ¥50 million per year. |
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.The change is associated with the planned transition to a company with an Audit and Supervisory Committee. With respect to directors who are Audit and Supervisory Committee members, the Company states that their duties and responsibilities have been taken into consideration.