Governance structure
Company with an Audit and Supervisory Committee (the text refers to "directors who are Audit and Supervisory Committee members")The Company will review its executive compensation structure and submit to the Annual General Meeting of Shareholders scheduled for 28 September 2021 a proposal to establish share-based compensation plans for directors. Plans I, II and III will be introduced.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee (the text refers to "directors who are Audit and Supervisory Committee members") |
| Number of directors | 15 directors in total (12 directors other than directors who are Audit and Supervisory Committee members, and 3 directors who are Audit and Supervisory Committee members). At least 2 outside directors (2 outside directors among the directors covered by Plan II; the text does not specify the total number of outside directors). |
| Changes this time | The Company will review its executive compensation structure and submit to the Annual General Meeting of Shareholders scheduled for 28 September 2021 a proposal to establish share-based compensation plans for directors. Plans I, II and III will be introduced. |
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.To clarify the linkage between director compensation and the Company's business performance and share value, provide incentives for the sustainable enhancement of corporate value, and promote the sharing of value between directors and shareholders. For directors who are Audit and Supervisory Committee members, the aim is to provide incentives to prevent damage to corporate value and maintain credibility.