Governance structure
Company with an Audit and Supervisory CommitteeThe titles assigned to directors, including chairperson of the Board of Directors, president-director, vice president-director, senior managing director and managing director, will be removed, and all directors will be designated simply as directors. The person entitled to convene and chair shareholders' meetings and meetings of the Board of Directors will be changed from the president-director to a representative director.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Changes this time | The titles assigned to directors, including chairperson of the Board of Directors, president-director, vice president-director, senior managing director and managing director, will be removed, and all directors will be designated simply as directors. The person entitled to convene and chair shareholders' meetings and meetings of the Board of Directors will be changed from the president-director to a representative director. |
Items this document does not state (6)
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 clearly define the role of directors as supervising management and making decisions on important matters, while enabling the prompt and flexible execution of business operations through a structure centered on executive officers. The changes are also intended to clarify the respective roles of directors and executive officers, strengthen the functions of directors and accelerate the execution of business operations.