Governance structure
Company with an Audit & Supervisory Committee (subject to approval at the annual general meeting of shareholders scheduled for 23 June 2026 and other relevant meetings)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 plans to transition to a Company with an Audit & Supervisory Committee. It has determined the candidates for directors after the transition, and Koichi Yamauchi (山内幸一) is scheduled to retire. Shinsaku Yamagishi (山岸晋作) is scheduled to change from outside corporate auditor to outside director, and Jun Hayakawa (早川潤) is scheduled to change from outside corporate auditor to outside director who is an Audit & Supervisory Committee member.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Committee (subject to approval at the annual general meeting of shareholders scheduled for 23 June 2026 and other relevant meetings) |
| Number of directors | 12 directors (including 4 outside directors and 3 directors who are Audit & Supervisory Committee members; based on the post-transition candidates) |
| Number of independent officers | 4 people (planned) |
| Committee | Audit & Supervisory Committee: 2 outside members out of 3 members, with outside members accounting for two-thirds. Nominating and Compensation Committee: not disclosed |
| Changes this time | The company plans to transition to a Company with an Audit & Supervisory Committee. It has determined the candidates for directors after the transition, and Koichi Yamauchi (山内幸一) is scheduled to retire. Shinsaku Yamagishi (山岸晋作) is scheduled to change from outside corporate auditor to outside director, and Jun Hayakawa (早川潤) is scheduled to change from outside corporate auditor to outside director who is an Audit & Supervisory Committee member. |
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.The company explains that the officer appointments are being made in connection with the transition to a Company with an Audit & Supervisory Committee. No specific reason for the transition has been provided.