Governance structure
Company with an Audit and Supervisory Committee (scheduled to transition subject to approval at the Ordinary General Meeting of Shareholders scheduled for 27 June 2026)In connection with the transition to a Company with an Audit and Supervisory Committee, the eligible participants in the performance-linked share compensation system will change. The Representative Director and Chairman, outside directors, and directors serving as Audit and Supervisory Committee members will be excluded, while executive officers appointed under mandate will be eligible, except for those residing overseas. The substance of the system will remain unchanged from before the revision.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (scheduled to transition subject to approval at the Ordinary General Meeting of Shareholders scheduled for 27 June 2026) |
| Committee | Audit and Supervisory Committee (percentage of outside members: not disclosed) |
| Changes this time | In connection with the transition to a Company with an Audit and Supervisory Committee, the eligible participants in the performance-linked share compensation system will change. The Representative Director and Chairman, outside directors, and directors serving as Audit and Supervisory Committee members will be excluded, while executive officers appointed under mandate will be eligible, except for those residing overseas. The substance of the system will remain unchanged from before the revision. |
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 continue the system after the transition to a Company with an Audit and Supervisory Committee. In addition, to clarify the linkage between the compensation of directors and other officers and the Company's performance and share value, and to raise awareness of improving performance and increasing corporate value over the medium to long term by sharing with shareholders the benefits of a rising share price and the risks of a decline.