Governance structure
Company with an Audit and Supervisory Committee (scheduled to take effect on 26 June 2026)The Company will change from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, add provisions concerning the Audit and Supervisory Committee and directors who are Audit and Supervisory Committee Members, and delete provisions concerning the Board of Corporate Auditors and corporate auditors. It will also add provisions allowing decisions on important business execution to be delegated to directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (scheduled to take effect on 26 June 2026) |
| Number of directors | The total number will change from no more than 15 directors to no more than 10 directors who are not Audit and Supervisory Committee Members and no more than 5 directors who are Audit and Supervisory Committee Members. |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | The Company will change from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, add provisions concerning the Audit and Supervisory Committee and directors who are Audit and Supervisory Committee Members, and delete provisions concerning the Board of Corporate Auditors and corporate auditors. It will also add provisions allowing decisions on important business execution to be delegated to directors. |
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.To strengthen the supervisory functions of the Board of Directors, further enhance corporate governance, and work to increase corporate value over the medium to long term. The change is also intended to accelerate management decision-making and business execution.