Governance structure
Company with an Audit & Supervisory Committee (scheduled for 25 June 2026)When 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.
The changes include changing from a company with a board of statutory auditors to a company with an audit and supervisory committee; deleting the provisions concerning the Board of Statutory Auditors and statutory auditors and establishing provisions concerning the Audit and Supervisory Committee and its members; changing the maximum number of directors from 10 to 14; establishing a maximum of 7 directors who are audit and supervisory committee members; and establishing provisions to enable the Board of Directors to decide on dividends from surplus and other matters.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Committee (scheduled for 25 June 2026) |
| Number of directors | No more than 14 directors in total, including no more than 7 directors who are audit and supervisory committee members. Number of outside directors: not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Controlling shareholder | Controlling shareholder and parent company: Not disclosed |
| Changes this time | The changes include changing from a company with a board of statutory auditors to a company with an audit and supervisory committee; deleting the provisions concerning the Board of Statutory Auditors and statutory auditors and establishing provisions concerning the Audit and Supervisory Committee and its members; changing the maximum number of directors from 10 to 14; establishing a maximum of 7 directors who are audit and supervisory committee members; and establishing provisions to enable the Board of Directors to decide on dividends from surplus and other matters. |
Items this document does not state (3)
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 audit and supervisory functions, improve management transparency, accelerate decision-making, and respond more flexibly to investor expectations.