Governance structure
Company with an Audit and Supervisory CommitteeEffective 18 June 2026, certain provisions were amended concerning the corporate governance structure, the number of directors, the method of electing directors, the terms of office of directors, representative directors and directors with specific titles, notices convening meetings of the Board of Directors, directors’ remuneration and other benefits, exemption from directors’ liability, and the record date for dividends of surplus. Chapter 5, “Corporate Auditors and Board of Corporate Auditors,” was deleted, and provisions concerning the delegation of decisions on important business execution, Chapter 5, “Audit and Supervisory Committee,” and Supplementary Provisions were added.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | No more than 11 directors, excluding directors who are Audit and Supervisory Committee members, and at least 3 directors who are Audit and Supervisory Committee members. Number of outside directors: Not disclosed |
| Committee | Audit and Supervisory Committee (proportion of outside members: Not disclosed) |
| Changes this time | Effective 18 June 2026, certain provisions were amended concerning the corporate governance structure, the number of directors, the method of electing directors, the terms of office of directors, representative directors and directors with specific titles, notices convening meetings of the Board of Directors, directors’ remuneration and other benefits, exemption from directors’ liability, and the record date for dividends of surplus. Chapter 5, “Corporate Auditors and Board of Corporate Auditors,” was deleted, and provisions concerning the delegation of decisions on important business execution, Chapter 5, “Audit and Supervisory Committee,” and Supplementary Provisions were added. |
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 document identifies the changes effective 18 June 2026, including changes to the corporate governance structure, the number, election and terms of office of directors, provisions concerning the Board of Directors and other matters, the deletion of the chapter concerning corporate auditors and the Board of Corporate Auditors, and the addition of provisions concerning the Audit and Supervisory Committee and related matters. It does not state the reason for the changes.