Governance structure
Company with an Audit and Supervisory CommitteeThe Company conducted an evaluation of Board effectiveness and identified as an issue that discussions on the cost of capital, capital efficiency and the allocation of management resources remain areas for improvement.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 7 directors, including 3 outside directors. Of the 4 directors who are Audit & Supervisory Committee members, 3 are outside directors. |
| Committee | Audit and Supervisory Committee (proportion of outside members: Not disclosed) |
| Changes this time | The Company conducted an evaluation of Board effectiveness and identified as an issue that discussions on the cost of capital, capital efficiency and the allocation of management resources remain areas for improvement. |
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.The Company recognized from the results of its evaluation of Board effectiveness that discussions on the cost of capital, capital efficiency and the appropriate allocation of management resources remain areas for improvement. To secure sufficient time for deliberations, it intends to improve the way meetings are conducted and the structure of the agenda, and to engage in more in-depth discussions on these matters.