Komori
Governance6988NITTO DENKO CORPORATIONMaterials and Chemicals

Notice Regarding the Restructuring of the Voluntary Nomination and Compensation Advisory Committee

The Voluntary Nomination and Compensation Advisory Committee will change from an advisory body to the Representative Director to an advisory body to the Board of Directors. The committee chair will be an outside director, and outside directors will constitute a majority of the committee.

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Direction
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Wording
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Governance structure

Committee1
Voluntary Nomination and Compensation Advisory Committee
Percentage of outside members Outside directors constitute a majority of the committee
Changes this time

The Voluntary Nomination and Compensation Advisory Committee has been repositioned, changing from an advisory body to the Representative Director to an advisory body to the Board of Directors. The committee chair is an outside director, and outside directors constitute a majority of the committee.

Governance structure
ItemDetails
CommitteeName Voluntary Nomination and Compensation Advisory Committee / Percentage of outside members Outside directors constitute a majority of the committee
Changes this timeThe Voluntary Nomination and Compensation Advisory Committee has been repositioned, changing from an advisory body to the Representative Director to an advisory body to the Board of Directors. The committee chair is an outside director, and outside directors constitute a majority of the committee.
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 ensure that the Board of Directors appropriately participates in the nomination and compensation of management and exercises its oversight function more clearly. Also, to ensure the fairness, transparency and objectivity of the committee.

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.
Notice Regarding the Restructuring of the Voluntary Nomination and Compensation Advisory Committee | NITTO DENKO CORPORATION (6988) timely disclosure | Komori