Governance structure
The Board of Directors resolved to oppose all 8 shareholder proposals submitted by 1 individual shareholder.
| Item | Details |
|---|---|
| Committee | Compensation Committee A majority of the members are outside members, and the chair is an outside director / Nomination Committee A majority of the members are outside members, and the chair is an outside director |
| Changes this time | The Board of Directors resolved to oppose all 8 shareholder proposals submitted by 1 individual shareholder. |
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.The Board of Directors opposed each proposal on the grounds that compensation and appointment information has already been disclosed in accordance with applicable laws and regulations, transparency is ensured through voluntary compensation and nomination committees, flexible management suited to the Company's circumstances is necessary, virtual general meetings of shareholders raise concerns regarding legal certainty and communication failures, it is inappropriate to stipulate individual matters concerning the execution of business in the Articles of Incorporation, and the directors concerned are appropriately performing their duties and are necessary to enhance corporate value, among other reasons.