Governance structure
Company with an Audit & Supervisory BoardThe company does not hold listed shares for strategic shareholding purposes. The Board of Directors oversees the company to ensure that it does not make new purchases of strategic shareholdings.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
The company conducted its fiscal 2025 evaluation of the effectiveness of the Board of Directors. As an initiative addressing issues identified in the fiscal 2024 evaluation, it established voluntary Nomination and Compensation Advisory Committees. Other changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of directors | 10 or fewer directors (at least one-third independent outside directors) |
| Committee | Nomination and Compensation Advisory Committee (the policy is for outside members to constitute a majority. However, the actual proportion is not limited to independent outside directors and may not constitute a majority.) |
| Policy on cross-shareholdings | The company does not hold listed shares for strategic shareholding purposes. The Board of Directors oversees the company to ensure that it does not make new purchases of strategic shareholdings. |
| Changes this time | The company conducted its fiscal 2025 evaluation of the effectiveness of the Board of Directors. As an initiative addressing issues identified in the fiscal 2024 evaluation, it established voluntary Nomination and Compensation Advisory Committees. Other changes from the previous report: Not disclosed |
Items this document does not state (3)
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 the effectiveness of the Board of Directors. The evaluation and establishment of the committees were carried out in response to issues identified through the survey by an external organization, discussions at Board of Directors meetings, and the previous fiscal year's evaluation.