Governance structure
Company with an Audit and Supervisory CommitteeWhen one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
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 company currently holds no listed policy-held shares and, in principle, will not acquire any going forward. Any such holdings will be limited to the minimum necessary, and their purpose and effectiveness will be reviewed periodically. The company sold 8 holdings between fiscal 2021 and fiscal 2025.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
Not adopted
Pre-agreed countermeasures in preparation for an unsolicited takeover attempt.
The report was updated on 1 June 2026. It states that the members and chair of the Nomination and Remuneration Advisory Committee are scheduled to be determined at a Board of Directors meeting after the filing date.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 13 directors in total, including 7 outside directors |
| Number of independent officers | 7 |
| Committee | Audit and Supervisory Committee: 3 outside members out of 3 total members (100% outside members). Nomination and Remuneration Advisory Committee: a voluntary committee responsible for both nomination and remuneration functions. Its membership is scheduled to be determined at a Board of Directors meeting after filing, with a majority of the members to be independent outside directors. The chair is scheduled to be an independent outside director. |
| Policy on cross-shareholdings | The company currently holds no listed policy-held shares and, in principle, will not acquire any going forward. Any such holdings will be limited to the minimum necessary, and their purpose and effectiveness will be reviewed periodically. The company sold 8 holdings between fiscal 2021 and fiscal 2025. |
| Takeover defenses | Not adopted |
| Controlling shareholder | No controlling shareholder. No parent company. |
| Changes this time | The report was updated on 1 June 2026. It states that the members and chair of the Nomination and Remuneration Advisory Committee are scheduled to be determined at a Board of Directors meeting after the filing date. |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To disclose the status of corporate governance and promote transparent, fair, prompt and decisive decision-making and sustainable enhancement of corporate value.