Governance structure
Scheduled transition to a Company with an Audit and Supervisory Committee (currently a Company with a Board of Corporate Auditors)In connection with the transition from a Company with an Audit and Supervisory Board to a Company with an Audit and Supervisory Committee, the Company will revise its officer compensation system and submit to the General Meeting of Shareholders a proposal to introduce a transfer-restricted stock compensation system for outside directors. Introduction of the system is subject to approval of the amendments to the Articles of Incorporation and the compensation-related proposals.
| Item | Details |
|---|---|
| Corporate Governance Structure | Scheduled transition to a Company with an Audit and Supervisory Committee (currently a Company with a Board of Corporate Auditors) |
| Changes this time | In connection with the transition from a Company with an Audit and Supervisory Board to a Company with an Audit and Supervisory Committee, the Company will revise its officer compensation system and submit to the General Meeting of Shareholders a proposal to introduce a transfer-restricted stock compensation system for outside directors. Introduction of the system is subject to approval of the amendments to the Articles of Incorporation and the compensation-related proposals. |
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.In line with the transition to a Company with an Audit and Supervisory Committee, to strengthen the supervisory functions of the Board of Directors, provide incentives for sustained enhancement of corporate value, and reinforce the sharing of value with shareholders.