Governance structure
Planned change to a company with an Audit & Supervisory Committee (currently a company with an Audit & Supervisory Board)Provisions concerning the Audit & Supervisory Board and Audit & Supervisory Board members will be deleted, and provisions concerning the Audit & Supervisory Committee and directors who are Audit & Supervisory Committee members will be added. The maximum number of directors will change from no more than 15 to no more than 20, and provisions allowing the delegation of decisions on important business execution matters to directors, among others, will be added. The effective date is scheduled for 24 June 2026.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned change to a company with an Audit & Supervisory Committee (currently a company with an Audit & Supervisory Board) |
| Number of directors | Proposed change: No more than 20 directors (including no more than 10 directors who are Audit & Supervisory Committee members). Current: No more than 15 directors. Actual number of directors to be elected: Not disclosed |
| Committee | An Audit & Supervisory Committee will be established. Percentage of outside committee members: Not disclosed. Nominating Committee and Compensation Committee: Not disclosed |
| Changes this time | Provisions concerning the Audit & Supervisory Board and Audit & Supervisory Board members will be deleted, and provisions concerning the Audit & Supervisory Committee and directors who are Audit & Supervisory Committee members will be added. The maximum number of directors will change from no more than 15 to no more than 20, and provisions allowing the delegation of decisions on important business execution matters to directors, among others, will be added. The effective date is scheduled for 24 June 2026. |
Items this document does not state (4)
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.Further strengthening corporate governance, achieving sustainable growth and enhancing corporate value over the medium to long term, and further accelerating management decision-making and business execution.