Separation of the Board of Directors’ oversight function from business execution through the executive officer system

「We have established an Audit & Supervisory Board to ensure appropriate oversight of management. At the same time, we have introduced an executive officer system to strengthen the Board of Directors’ decision-making and oversight functions, while also strengthening business execution and clarifying responsibilities. We have also appointed multiple outside directors and outside Audit & Supervisory Board members so that perspectives from a neutral and fair standpoint are reflected in management.」