Governance structure
Company with an Audit and Supervisory Committee (subject to approval at the annual general meeting of shareholders scheduled for 25 June 2026)The company will transition from a Company with an Audit & Supervisory Board to a Company with an Audit & Supervisory Committee. Provisions concerning the Audit & Supervisory Committee and Directors who are Audit & Supervisory Committee Members will be newly established, while provisions concerning the Audit & Supervisory Board and Audit & Supervisory Board Members will be deleted. The maximum number of directors will be changed from 10 to 14, and provisions will be newly established regarding a maximum of 4 Directors who are Audit & Supervisory Committee Members, the delegation to directors of authority to decide on important business execution, and other matters.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (subject to approval at the annual general meeting of shareholders scheduled for 25 June 2026) |
| Number of directors | No more than 14 directors, including no more than 4 Directors who are Audit & Supervisory Committee Members. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | The company will transition from a Company with an Audit & Supervisory Board to a Company with an Audit & Supervisory Committee. Provisions concerning the Audit & Supervisory Committee and Directors who are Audit & Supervisory Committee Members will be newly established, while provisions concerning the Audit & Supervisory Board and Audit & Supervisory Board Members will be deleted. The maximum number of directors will be changed from 10 to 14, and provisions will be newly established regarding a maximum of 4 Directors who are Audit & Supervisory Committee Members, the delegation to directors of authority to decide on important business execution, and other matters. |
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 enhance deliberations by the Board of Directors, strengthen the Board's supervisory function, separate business execution from the Board of Directors, and further accelerate decision-making through the delegation of authority.