Governance structure
Company with an Audit and Supervisory Committee (scheduled for 25 June 2026, subject to shareholder approval)Transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. Provisions concerning the Audit and Supervisory Committee and directors serving as Audit and Supervisory Committee Members will be newly established, while provisions concerning the Board of Corporate Auditors and corporate auditors will be deleted. The maximum number of directors will be changed from 20 or fewer to 15 or fewer, of whom no more than 7 will be directors serving as Audit and Supervisory Committee Members. Provisions will also be newly established to allow the delegation of decisions on important business execution to directors, among other matters.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (scheduled for 25 June 2026, subject to shareholder approval) |
| Number of directors | 15 or fewer (of whom no more than 7 are directors serving as Audit and Supervisory Committee Members) / currently 20 or fewer. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee. The proportion of outside committee members is not disclosed. |
| Changes this time | Transition from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. Provisions concerning the Audit and Supervisory Committee and directors serving as Audit and Supervisory Committee Members will be newly established, while provisions concerning the Board of Corporate Auditors and corporate auditors will be deleted. The maximum number of directors will be changed from 20 or fewer to 15 or fewer, of whom no more than 7 will be directors serving as Audit and Supervisory Committee Members. Provisions will also be newly established to allow the delegation of decisions on important business execution to directors, among other matters. |
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.To strengthen the Audit and Supervisory Committee's audit and oversight functions over the Board of Directors, accelerate management decision-making and execution, further enhance corporate governance, and increase corporate value.