Komori
Governance9511The Okinawa Electric Power Company,IncorporatedElectricity and gas

Notice Regarding the Transition to a Company with an Audit and Supervisory Committee

The company has decided to pursue a transition from its current structure as a company with an audit and supervisory board to a company with an audit and supervisory committee. The transition is subject to approval of amendments to the Articles of Incorporation and other matters at the Annual General Meeting of Shareholders scheduled for June.

Worth reading
70In focus
Scored from 1 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

Governance structure

Currently a company with an audit and supervisory board. A transition to a company with an audit and supervisory committee is planned.
Changes this time

The company has decided to pursue a transition from its current structure as a company with an audit and supervisory board to a company with an audit and supervisory committee. The transition is subject to approval at the Annual General Meeting of Shareholders. Details of the amendments to the Articles of Incorporation, director and officer appointments, and other matters will be announced once decided.

Governance structure
ItemDetails
Corporate Governance StructureCurrently a company with an audit and supervisory board. A transition to a company with an audit and supervisory committee is planned.
Changes this timeThe company has decided to pursue a transition from its current structure as a company with an audit and supervisory board to a company with an audit and supervisory committee. The transition is subject to approval at the Annual General Meeting of Shareholders. Details of the amendments to the Articles of Incorporation, director and officer appointments, and other matters will be announced once decided.
Items this document does not state (6)
Number of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 strengthen the Board of Directors’ supervisory function and further enhance corporate governance, while establishing a structure capable of meeting the expectations of stakeholders in Japan and overseas.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Transition to a Company with an Audit and Supervisory Committee | The Okinawa Electric Power Company,Incorporated (9511) timely disclosure | Komori