Governance structure
Company with an Audit & Supervisory BoardThe company decided to revise its authority matrix and rules governing the allocation of duties, prepare operating procedures for calculating the distributable amount and related processes, provide training for employees and the Board of Directors, formalize rules for information included in Board of Directors materials, sharing among relevant departments and cross-checking, and make active use of external experts.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Changes this time | The company decided to revise its authority matrix and rules governing the allocation of duties, prepare operating procedures for calculating the distributable amount and related processes, provide training for employees and the Board of Directors, formalize rules for information included in Board of Directors materials, sharing among relevant departments and cross-checking, and make active use of external experts. |
Items this document does not state (6)
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 prevent a recurrence of the acquisition of treasury shares in excess of the distributable amount and strengthen the internal control system, based on the recommendations in the Third-Party Committee’s investigation report.