Governance structure
Company with an Audit and Supervisory CommitteeThe Company will change to a structure with separate execution and oversight functions and establish the voluntary Finance Committee and Evaluation Committee on 25 June 2026. The existing voluntary Compensation Committee will be integrated into the Evaluation Committee and abolished.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Finance Committee and Evaluation Committee (both voluntary advisory bodies to the Board of Directors; each committee will consist of 3 or more members, with a majority being Outside Directors or Audit and Supervisory Committee Members). The Compensation Committee will be integrated into the Evaluation Committee and abolished. |
| Changes this time | The Company will change to a structure with separate execution and oversight functions and establish the voluntary Finance Committee and Evaluation Committee on 25 June 2026. The existing voluntary Compensation Committee will be integrated into the Evaluation Committee and abolished. |
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 optimize the balance between “execution” and “checks” in management, thereby strengthening governance further while enabling rapid decision-making, with a view to continuously achieving the publicly announced management target of consolidated ROE of 15% or higher. The Finance Committee is intended to strengthen financial governance, while the Evaluation Committee is intended to enhance the fairness, transparency and objectivity of evaluation and compensation procedures.