Governance structure
Company with an Audit & Supervisory BoardAs measures to strengthen governance functions, the company is establishing a Risk and Compliance Committee, appointing and additionally appointing outside officers, and conducting or planning to conduct effectiveness evaluations of the directors and the Board of Directors. No changes from the previous report have been specifically indicated.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Committee | Risk and Compliance Committee (percentage of outside members: Not disclosed) |
| Changes this time | As measures to strengthen governance functions, the company is establishing a Risk and Compliance Committee, appointing and additionally appointing outside officers, and conducting or planning to conduct effectiveness evaluations of the directors and the Board of Directors. No changes from the previous report have been specifically indicated. |
Items this document does not state (5)
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.Inappropriate accounting practices were conducted over an extended period in the mobile communications business, governance had become dysfunctional, and prior-period financial results had to be restated. In addition, some improvement measures could not be established and operated by the end of the fiscal year ending April 2026, and the order commencing corporate reorganization proceedings made it necessary to reconsider and review the measures to prevent recurrence.