Governance structure
Company with an Audit and Supervisory CommitteeCompensation for the directors concerned will be changed from no more than ¥30 million per month (including no more than ¥5 million per month for outside directors) to no more than ¥400 million per year (including no more than ¥60 million per year for outside directors), and performance-linked compensation will be added. A voluntary compensation committee will be established on 27 May 2026.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 5 directors concerned (including 1 outside director) |
| Committee | Voluntary compensation committee. Comprising 3 or more directors, with independent outside directors constituting a majority and an independent outside director serving as chair. |
| Changes this time | Compensation for the directors concerned will be changed from no more than ¥30 million per month (including no more than ¥5 million per month for outside directors) to no more than ¥400 million per year (including no more than ¥60 million per year for outside directors), and performance-linked compensation will be added. A voluntary compensation committee will be established on 27 May 2026. |
Items this document does not state (4)
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 changes take into account significant fluctuations in economic conditions, the increased responsibilities of the directors concerned resulting from changes in the operating environment, and changes to the method of paying directors’ bonuses. They are also intended to strengthen incentives to improve performance and contribute to further improvement in performance. The compensation committee is intended to strengthen the fairness, transparency and objectivity of the compensation decision-making process and enhance the corporate governance framework.