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 company holds cross-shareholdings that contribute to enhancing corporate value over the medium to long term. With a policy of continuously reducing the overall scale of such holdings, the company reviews each holding once a year from the perspectives of business performance, cost of capital and other factors, assessing its medium- to long-term economic rationale and future outlook. If it determines that the rationale may no longer exist, it considers whether the holding should be sold. The number of holdings and their value are not disclosed.
Policy regarding shares of other companies held to maintain business relationships and for other purposes.
The report states that it was revised on 10 June 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 | 16 directors in total (including 8 outside directors) |
| Committee | Nomination Advisory Committee (more than half of the members are independent outside directors, and the chair is an independent outside director), Compensation Advisory Committee (more than half of the members are independent outside directors, and the chair is an independent outside director), Group Strategy Formulation Committee, Sustainability Strategy Committee, Group Safety Promotion Committee, CX Strategy Committee, Investment and Other Matters Review Committee, and General Human Resources Committee. The proportion of outside members on other committees is not disclosed. |
| Policy on cross-shareholdings | The company holds cross-shareholdings that contribute to enhancing corporate value over the medium to long term. With a policy of continuously reducing the overall scale of such holdings, the company reviews each holding once a year from the perspectives of business performance, cost of capital and other factors, assessing its medium- to long-term economic rationale and future outlook. If it determines that the rationale may no longer exist, it considers whether the holding should be sold. The number of holdings and their value are not disclosed. |
| Controlling shareholder | Whether there is no controlling shareholder is not disclosed. The name and voting rights ratio are also not disclosed. |
| Changes this time | The report states that it was revised on 10 June 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.To make transparent, fair and prompt decisions and, through appropriate collaboration with stakeholders, achieve sustainable business growth and enhance corporate value over the medium to long term.