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.
The Group has a policy of reducing its strategic shareholdings to zero.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
The report states that the Basic Policy was last revised on 1 April 2026, but the specific changes from the previous report are not disclosed.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | The Board of Directors comprises 13 directors. The number of outside directors cannot be explicitly determined from the list in the report. |
| Committee | Nomination Committee, Compensation Committee, Governance Committee, Quality Improvement and Compliance Committee, Group Systems Committee, International Executive Committee (IEC), ERM Committee, and Merger Preparation Committee. Independent outside directors constitute a majority of the Nomination Committee and Compensation Committee, and each committee is chaired by an independent outside director. Independent outside directors also constitute a majority of the Governance Committee, which is chaired by an independent outside director. The proportion of outside members on the other committees is not disclosed. |
| Policy on cross-shareholdings | The Group has a policy of reducing its strategic shareholdings to zero. |
| Controlling shareholder | The existence, name and voting rights ratio of any controlling shareholder or parent company are not disclosed. |
| Changes this time | The report states that the Basic Policy was last revised on 1 April 2026, but the specific changes from the previous report are not disclosed. |
Items this document does not state (2)
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.The Basic Policy was established to build a management structure that enables transparent, fair, swift and decisive decision-making, with the aim of enhancing corporate value. The reason for this revision is not stated.