Governance structure
Company with an Audit and Supervisory CommitteeThis filing states only the number of directors, not how many of them are outside directors.
The Company conducted its FY2025 evaluation of the effectiveness of the Board of Directors and concluded that the Board was generally effective. While progress was made in addressing issues identified in the previous evaluation, the Company identified oversight of the execution of management strategies, succession planning, and the executive compensation system as issues for further attention.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | Total number 11 / Of which, outside Not disclosed |
| Committee | Name Audit and Supervisory Committee, Nomination and Compensation Committee / Percentage of outside members Not disclosed |
| Changes this time | The Company conducted its FY2025 evaluation of the effectiveness of the Board of Directors and concluded that the Board was generally effective. While progress was made in addressing issues identified in the previous evaluation, the Company identified oversight of the execution of management strategies, succession planning, and the executive compensation system as issues for further attention. |
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 Company made steady progress toward improvement by addressing issues identified in the previous evaluation concerning discussions aimed at enhancing corporate value, the formulation of medium- to long-term management strategies, and the management team's succession plan, including discussions on the formulation of the medium-term management plan, setting sustainability targets and reflecting them in management strategies, and establishing a foundation for developing next-generation management talent.