Governance structure
Company with an Audit and Supervisory CommitteeWhen one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
The company does not hold any listed shares as strategic shareholdings.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not adopted
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
Upon approval at the Annual General Meeting of Shareholders held on 26 March 2026, the company changed from a company with an Audit & Supervisory Board to a Company with an Audit & Supervisory Committee. Following the change, the Audit & Supervisory Committee consists of 3 outside directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 6 directors in total, including 3 outside directors |
| Number of independent officers | 3 |
| Committee | Audit & Supervisory Committee (100% outside members, 3 of 3), Nomination and Remuneration Advisory Committee (approximately 66.7% outside members, 2 of 3), Sustainability Committee, Compliance Committee, and Risk Management Committee. The percentage of outside members of the latter 3 committees is not disclosed. |
| Policy on cross-shareholdings | The company does not hold any listed shares as strategic shareholdings. |
| Takeover defenses | Not adopted |
| Controlling shareholder | No controlling shareholder. No parent company. |
| Changes this time | Upon approval at the Annual General Meeting of Shareholders held on 26 March 2026, the company changed from a company with an Audit & Supervisory Board to a Company with an Audit & Supervisory Committee. Following the change, the Audit & Supervisory Committee consists of 3 outside directors. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To enhance the effectiveness of supervisory functions while ensuring management transparency and efficiency, and because the company determined that strengthened supervisory functions and effective governance could be sufficiently ensured.