DIRECTORS

Our company has established a corporate governance system centered on the Board of Directors and the Audit and Supervisory Committee. Among the six directors, four are appointed as outside directors (including those who are audit and supervisory committee members), thereby strengthening the mutual monitoring function among the directors.

Reason for nomination of outside director and Audit & Supervisory Board Member

Name Reason for nomination Status of attendance
No. of attendance/No. of meetings held
(For the fiscal year ending March 2025)
Katsuyuki Toritani Although he has no direct experience in company management, he has been appointed based on his extensive experience and insight as the head of internal audit at a listed company and as a full-time auditor at a listed subsidiary, and it is expected that he will conduct audits of our company. Board of Directors: 17/17 meetings attended.
Audit and Supervisory Committee: 14/14 meetings attended.
Yukio Todoroki He has been appointed based on his extensive experience and insight as an auditor of a listed company, and it is expected that he will conduct audits of our company. Board of Directors: 17/17 meetings attended.
Audit and Supervisory Committee: 14/14 meetings attended.
Yoshitaka Sasaki He has been appointed as an outside director based on his extensive experience and insight as an auditor of a listed company, and it is expected that he will conduct audits of our company. Board of Directors: 17/17 meetings attended.
Audit and Supervisory Committee: 14/14 meetings attended.
Name
Katsuyuki Toritani
Reason for nomination
Although he has no direct experience in company management, he has been appointed based on his extensive experience and insight as the head of internal audit at a listed company and as a full-time auditor at a listed subsidiary, and it is expected that he will conduct audits of our company.
Status of attendance
No. of attendance/No. of meetings held
(For the fiscal year ending March 2025)
Board of Directors: 17/17 meetings attended.
Audit and Supervisory Committee: 14/14 meetings attended.
Name
Yukio Todoroki
Reason for nomination
He has been appointed based on his extensive experience and insight as an auditor of a listed company, and it is expected that he will conduct audits of our company.
Status of attendance
No. of attendance/No. of meetings held
(For the fiscal year ending March 2025)
Board of Directors: 17/17 meetings attended
Audit and Supervisory Committee: 14/14 meetings attended.
Name
Yoshitaka Sasaki
Reason for nomination
He has been appointed as an outside director based on his extensive experience and insight as an auditor of a listed company, and it is expected that he will conduct audits of our company.
Status of attendance
No. of attendance/No. of meetings held
(For the fiscal year ending March 2025)
Board of Directors: 17/17 meetings attended.
Audit and Supervisory Committee: 14/14 meetings attended.

Executive compensation

Regarding individual remuneration amounts, the policy is to formulate remuneration proposals at the voluntary Nomination and Compensation Committee and then resolve them at the Board of Directors meeting. The voluntary Nomination and Compensation Committee is intended to have a majority of independent outside directors. Furthermore, when determining remuneration amounts, the total remuneration paid to directors (excluding directors who are audit and supervisory committee members) is decided within the annual remuneration limit of 150 million yen for directors (excluding audit and supervisory committee members), as resolved at the 8th Annual General Meeting of Shareholders held on June 27, 2018 (of which up to 50 million yen is allocated for outside directors).

Back to top