Governance structure
Company with an Audit and Supervisory Committee (scheduled to transition subject to approval at the annual general meeting of shareholders scheduled for 26 June 2026)Transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, newly establishing directors who are Audit and Supervisory Committee Members, changes to the director nominees, the scheduled retirement of 3 Audit & Supervisory Board Members and selection of 1 new Audit and Supervisory Committee Member nominee, and related amendments to the Articles of Incorporation
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (scheduled to transition subject to approval at the annual general meeting of shareholders scheduled for 26 June 2026) |
| Number of directors | The post-transition slate will comprise 7 directors: 4 directors who are not Audit and Supervisory Committee Members and 3 directors who are Audit and Supervisory Committee Members. Of the 7, 4 will be outside directors. |
| Committee | Audit and Supervisory Committee: 3 of 3 members are outside members (100%). Nominating Committee and Compensation Committee: not disclosed |
| Changes this time | Transition from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, newly establishing directors who are Audit and Supervisory Committee Members, changes to the director nominees, the scheduled retirement of 3 Audit & Supervisory Board Members and selection of 1 new Audit and Supervisory Committee Member nominee, and related amendments to the Articles of Incorporation |
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 respond rapidly and flexibly to changes in the business environment and strengthen the supervisory functions of the Board of Directors and the corporate governance structure. The transition is also intended to accelerate decision-making by delegating authority over business execution from the Board of Directors, while achieving both greater management transparency and operational flexibility.