Governance structure
The company plans to transition to a company with an Audit & Supervisory Committee, subject to approval at the general meeting of shareholders scheduled for 25 June 2026.In connection with the planned transition to a company with an Audit & Supervisory Committee, the eligible recipients under the stock compensation plan will be changed to directors, excluding directors who are Audit & Supervisory Committee members, outside directors and directors residing overseas. The timing of share delivery will also be changed from a one-time delivery upon retirement to delivery for each fiscal year, and the delivered shares will be subject to transfer restrictions until retirement.
| Item | Details |
|---|---|
| Corporate Governance Structure | The company plans to transition to a company with an Audit & Supervisory Committee, subject to approval at the general meeting of shareholders scheduled for 25 June 2026. |
| Changes this time | In connection with the planned transition to a company with an Audit & Supervisory Committee, the eligible recipients under the stock compensation plan will be changed to directors, excluding directors who are Audit & Supervisory Committee members, outside directors and directors residing overseas. The timing of share delivery will also be changed from a one-time delivery upon retirement to delivery for each fiscal year, and the delivered shares will be subject to transfer restrictions until retirement. |
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.To facilitate the planned transition to a company with an Audit & Supervisory Committee, and to further enhance directors’ motivation to contribute to increasing corporate value.