Governance structure
Company with an Audit and Supervisory Committee, subject to approval at the Annual General Meeting of Shareholders scheduled for 25 June 2026To transition from a company with an audit & supervisory board to a company with an audit and supervisory committee, provisions concerning the audit and supervisory committee and directors who are audit and supervisory committee members will be newly established, while provisions concerning the audit & supervisory board and statutory auditors will be deleted. A provision will also be newly established allowing the delegation of decisions on important business execution to directors.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee, subject to approval at the Annual General Meeting of Shareholders scheduled for 25 June 2026 |
| Number of directors | No more than 11 directors who are not audit and supervisory committee members and no more than 5 directors who are audit and supervisory committee members (currently, no more than 11 directors) |
| Committee | Audit and supervisory committee (proportion of outside members: not disclosed). The establishment of voluntary nomination and compensation committees was separately disclosed on 26 February 2026 (proportion of outside members: not disclosed) |
| Changes this time | To transition from a company with an audit & supervisory board to a company with an audit and supervisory committee, provisions concerning the audit and supervisory committee and directors who are audit and supervisory committee members will be newly established, while provisions concerning the audit & supervisory board and statutory auditors will be deleted. A provision will also be newly established allowing the delegation of decisions on important business execution to directors. |
Items this document does not state (4)
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 supervisory functions of the Board of Directors, enhance discussion at Board meetings regarding management policies and medium- to long-term management strategies, and accelerate management decision-making.