Governance structure
Company with an Audit and Supervisory Committee (scheduled to take effect on 18 June 2026; currently a company with a board of corporate auditors)Change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Provisions concerning corporate auditors and the board of corporate auditors will be deleted, and provisions concerning directors who are Audit and Supervisory Committee Members and the Audit and Supervisory Committee will be newly established. The maximum number of directors who are not Audit and Supervisory Committee Members will change from 10 to 11, and the number of directors who are Audit and Supervisory Committee Members will be set at 3 or more. Other provisions concerning the appointment of directors with titles, the delegation of important business execution, compensation categories, agreements limiting liability and other matters will also be changed.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (scheduled to take effect on 18 June 2026; currently a company with a board of corporate auditors) |
| Number of directors | No more than 11 directors who are not Audit and Supervisory Committee Members, and 3 or more directors who are Audit and Supervisory Committee Members. No maximum total number is stated. |
| Committee | Audit and Supervisory Committee. Proportion of outside members: Not disclosed. Nominating Committee and Compensation Committee: Not disclosed. |
| Changes this time | Change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee. Provisions concerning corporate auditors and the board of corporate auditors will be deleted, and provisions concerning directors who are Audit and Supervisory Committee Members and the Audit and Supervisory Committee will be newly established. The maximum number of directors who are not Audit and Supervisory Committee Members will change from 10 to 11, and the number of directors who are Audit and Supervisory Committee Members will be set at 3 or more. Other provisions concerning the appointment of directors with titles, the delegation of important business execution, compensation categories, agreements limiting liability and other matters will also be changed. |
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.Strengthening audit and oversight functions, further enhancing the corporate governance structure, increasing corporate value, promoting future business development, strengthening the management foundation, realizing an optimal business execution structure, and continuing to attract qualified personnel.