Governance structure
Company with an Audit and Supervisory Committee (subject to approval at the Ordinary General Meeting of Shareholders scheduled for 24 June 2026)To transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, provisions concerning the Audit and Supervisory Committee will be established and provisions concerning Corporate Auditors and the Board of Corporate Auditors will be deleted. New provisions will be established to allow the delegation of decisions on important business execution matters to directors, and the provisions concerning director-advisors will be abolished.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (subject to approval at the Ordinary General Meeting of Shareholders scheduled for 24 June 2026) |
| Number of directors | Under the proposed amendments, the Company will have no more than 11 directors who are not Audit and Supervisory Committee members and no more than 5 directors who are Audit and Supervisory Committee members, for a total of no more than 16 directors. The number of outside directors is Not disclosed |
| Committee | An Audit & Supervisory Committee will be established. Percentage of outside committee members: Not disclosed. Nominating Committee and Compensation Committee: Not disclosed |
| Changes this time | To transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, provisions concerning the Audit and Supervisory Committee will be established and provisions concerning Corporate Auditors and the Board of Corporate Auditors will be deleted. New provisions will be established to allow the delegation of decisions on important business execution matters to directors, and the provisions concerning director-advisors will be abolished. |
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 further strengthen the supervisory functions of the Board of Directors and enhance the corporate governance framework. In addition, in light of the current business execution structure, the provisions concerning director-advisors will be abolished.