Worth reading
91Important
Scored from 1 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Governance structure
Committee1
Nomination and Compensation Advisory Committee
Changes this time
The Company introduced an executive retirement age system and a senior executive officer system and adopted executive regulations. It newly established the position of senior executive officer and adopted terms of office for the chairman and president of 5 years per term, with a maximum of 2 terms, or 10 years. The chairman will not have representative authority during the second term.
| Item | Details |
|---|---|
| Committee | Nomination and Compensation Advisory Committee (proportion of outside members: not disclosed) |
| Changes this time | The Company introduced an executive retirement age system and a senior executive officer system and adopted executive regulations. It newly established the position of senior executive officer and adopted terms of office for the chairman and president of 5 years per term, with a maximum of 2 terms, or 10 years. The chairman will not have representative authority during the second term. |
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder
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 promote the planned generational transition of management personnel for sustainable growth and further enhancement of corporate governance.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.