Governance structure
Company with Three Statutory CommitteesUpon approval at the general meeting of shareholders to be held on 19 June 2026, the company will change from a company with an audit and supervisory board to a company with a three-committee board structure. With respect to executive compensation, the company will increase the proportion of share-based compensation, introduce ROE and ROIC as evaluation metrics, raise the proportion and ceiling of TSR-linked restricted stock, and introduce non-performance-linked restricted stock for outside directors and directors who serve as full-time audit committee members.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with Three Statutory Committees |
| Committee | Compensation committee (percentage of outside members: not disclosed) |
| Changes this time | Upon approval at the general meeting of shareholders to be held on 19 June 2026, the company will change from a company with an audit and supervisory board to a company with a three-committee board structure. With respect to executive compensation, the company will increase the proportion of share-based compensation, introduce ROE and ROIC as evaluation metrics, raise the proportion and ceiling of TSR-linked restricted stock, and introduce non-performance-linked restricted stock for outside directors and directors who serve as full-time audit committee members. |
Items this document does not state (5)
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 alignment between executive compensation and the enhancement of shareholder value and medium- to long-term corporate value, and to pursue management that places greater emphasis on capital efficiency in order to enhance corporate value.