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 resolved to review its executive compensation system and submit a proposal to introduce a medium- to long-term performance-linked compensation plan to the general meeting of shareholders.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Committee | Nomination and Compensation Advisory Committee (a majority of its members are independent outside directors, and the chair is an independent outside director) |
| Controlling shareholder | The presence of 3 current directors who are major shareholders is disclosed, but the controlling shareholder, parent company, and voting rights ratio are Not disclosed |
| Changes this time | The company resolved to review its executive compensation system and submit a proposal to introduce a medium- to long-term performance-linked compensation plan to the general meeting of shareholders. |
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 promote the sharing of value between directors and shareholders and provide the eligible directors with incentives to contribute to the enhancement of corporate value over the medium to long term. The plan will also promote directors’ awareness of the alignment of their interests with those of shareholders.