Governance structure
Company with an Audit and Supervisory CommitteeThe chair of the Board of Directors changed from the Representative Director and President to outside director Sakuma Soichiro (佐久間 総一郎). The Audit and Supervisory Committee was composed solely of outside directors. The Nomination Committee and Compensation Committee were composed solely of outside directors. A Board of Directors Office will be established effective 1 June 2026.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Audit and Supervisory Committee 5 outside committee members, 100% / Nomination Committee 5 outside committee members, 100% / Compensation Committee 5 outside committee members, 100% / Sustainability Committee 3 of 6 committee members are outside directors, 50% |
| Changes this time | The chair of the Board of Directors changed from the Representative Director and President to outside director Sakuma Soichiro (佐久間 総一郎). The Audit and Supervisory Committee was composed solely of outside directors. The Nomination Committee and Compensation Committee were composed solely of outside directors. A Board of Directors Office will be established effective 1 June 2026. |
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.The stated purposes are to strengthen the Board of Directors' oversight function and bring greater fairness and objectivity to decisions on nominations and compensation. In addition, the Audit and Supervisory Committee is intended to enhance the soundness of management through an objective and fair audit structure.