Governance structure
The Board of Directors’ opposition to the shareholder proposals and its resolution to oppose them were disclosed. There is no statement that the corporate governance structure or the composition of the Board of Directors has been changed.
| Item | Details |
|---|---|
| Number of directors | 9 directors, including 3 outside directors (planned) |
| Changes this time | The Board of Directors’ opposition to the shareholder proposals and its resolution to oppose them were disclosed. There is no statement that the corporate governance structure or the composition of the Board of Directors has been changed. |
Items this document does not state (6)
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 proposal to elect a director is opposed because the current management team is pursuing its own growth initiatives and there is no need to change the management structure. The shareholder benefit program is opposed because returning profits to shareholders primarily through dividends is fair and reasonable, shareholder benefits should be determined flexibly and promptly by the Board of Directors, and it is not appropriate to prescribe them uniformly in the Articles of Incorporation.