Worth reading
83Important
Scored from 2 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Governance structure
Current: Company with a board of corporate auditors. Proposed change: Company with a three-committee board structureCommittee3
Nomination CommitteeAudit Committee and Compensation Committee. Each committee will comprise at least 3 directorsa majority of whom will be outside directors
Changes this time
Provisions concerning corporate auditors and the board of corporate auditors will be deleted, and provisions concerning the Nomination Committee, Audit Committee, Compensation Committee and executive officers will be established. Fee-based employment placement services will also be added to the company's business purposes.
| Item | Details |
|---|---|
| Corporate Governance Structure | Current: Company with a board of corporate auditors. Proposed change: Company with a three-committee board structure |
| Committee | Nomination Committee, Audit Committee and Compensation Committee. Each committee will comprise at least 3 directors, a majority of whom will be outside directors |
| Changes this time | Provisions concerning corporate auditors and the board of corporate auditors will be deleted, and provisions concerning the Nomination Committee, Audit Committee, Compensation Committee and executive officers will be established. Fee-based employment placement services will also be added to the company's business purposes. |
Items this document does not state (5)
Number of directorsNumber of independent officersPolicy on cross-shareholdingsTakeover defensesControlling shareholder
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 accelerate the transformation into a corporate group focused on value creation that goes beyond the framework of a general trading company, and to strengthen governance. The amendments will also address the diversification of the company's business operations.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.