Governance structure
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
The outside directors will change from Sanari Minoru (佐成実) and Fujisawa Yuichi (藤澤友一), whose terms are expiring, to Yasui Giichi (安井義一) and Shindo Keiko (新堂桂子), who are scheduled to become new outside directors and independent officers.
| Item | Details |
|---|---|
| Number of independent officers | 7 |
| Changes this time | The outside directors will change from Sanari Minoru (佐成実) and Fujisawa Yuichi (藤澤友一), whose terms are expiring, to Yasui Giichi (安井義一) and Shindo Keiko (新堂桂子), who are scheduled to become new outside directors and independent officers. |
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.Sanari Minoru (佐成実) and Fujisawa Yuichi (藤澤友一) will retire upon the expiration of their terms at the 165th Annual General Meeting of Shareholders scheduled for 16 June 2026, and Yasui Giichi (安井義一) and Shindo Keiko (新堂桂子) will become outside directors, subject to their election at the same meeting. The Company explains that all candidates, including the two individuals, meet the independence criteria of the Tokyo Stock Exchange and the Company's own independence criteria.