Governance structure
Planned transition from a Company with an Audit & Supervisory Board to a Company with an Audit and Supervisory Committee, subject to approval at the General Meeting of ShareholdersThe Company plans to change from a Company with an Audit & Supervisory Board to a Company with an Audit and Supervisory Committee. Candidates for director, including 3 directors who will be Audit and Supervisory Committee members, have been selected. Outside Audit & Supervisory Board members Mizukami Koichi (水上孝一) and Ogawa Hiroshi (小川洋) will become candidates for outside directors who are Audit and Supervisory Committee members.
| Item | Details |
|---|---|
| Corporate Governance Structure | Planned transition from a Company with an Audit & Supervisory Board to a Company with an Audit and Supervisory Committee, subject to approval at the General Meeting of Shareholders |
| Number of directors | Following the transition, the candidates will comprise 3 directors excluding Audit and Supervisory Committee members and 3 directors who are Audit and Supervisory Committee members. Of these, 2 will be outside directors, excluding alternate candidates. |
| Committee | Audit and Supervisory Committee: 2 outside members / 3 members (66.7%) |
| Changes this time | The Company plans to change from a Company with an Audit & Supervisory Board to a Company with an Audit and Supervisory Committee. Candidates for director, including 3 directors who will be Audit and Supervisory Committee members, have been selected. Outside Audit & Supervisory Board members Mizukami Koichi (水上孝一) and Ogawa Hiroshi (小川洋) will become candidates for outside directors who are Audit and Supervisory Committee members. |
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 supervisory functions of the Board of Directors and enhance corporate governance by making Audit and Supervisory Committee members, who are responsible for auditing the execution of directors’ duties, members of the Board of Directors.