Governance structure
The disclosure states that the Company plans to transition to a company with an Audit and Supervisory Committee, but its current governance structure is not disclosed.The Company resolved to reduce executive compensation. Going forward, it plans to proceed with the transition to a company with an Audit and Supervisory Committee and the centralization of head office functions and the headquarters functions of its business subsidiaries.
| Item | Details |
|---|---|
| Corporate Governance Structure | The disclosure states that the Company plans to transition to a company with an Audit and Supervisory Committee, but its current governance structure is not disclosed. |
| Changes this time | The Company resolved to reduce executive compensation. Going forward, it plans to proceed with the transition to a company with an Audit and Supervisory Committee and the centralization of head office functions and the headquarters functions of its business subsidiaries. |
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.Because the Company recorded an operating loss for the current consolidated fiscal year. The reductions are intended to ensure the execution of structural reforms, clarify management's accountability for implementation, enhance the effectiveness of the reforms and lead to improved profitability.