Relationship with the Company (2)
Name: Kunihiko Sakai
Status as Directors who are Members of the Nominating Committee:
Yes
Status as Directors who are Members of the Compensation Committee:
No
Status as Directors who are Members of the Audit Committee: Yes
Status as Independent Director: Yes
Supplementary explanation of applicable items: —
Reasons for the selection of this Outside Director (In the case a
Director is specified as an Independent Director, include
information on the reasons for selection as an Independent
Director):
Mr. Kunihiko Sakai has high expertise and abundant experience
as a legal affairs specialist having served as Public Prosecutor
and a lawyer, including posts of Superintending Prosecutor at High
Public Prosecutors’ Offices from July 2014 to March 2017. The
Company appointed him as a Director because he is an exceptional
person with both superior character and insight and in order for
him to continue to oversee the entire business management of the
Company from an objective, highly sophisticated and broader
viewpoint by demonstrating his high degree of expertise and
abundant experience. The Company expects Mr. Sakai to
contribute to strengthening the supervisory function of the
Company’s management. He is also expected to fulfill a role in
strengthening the transparency and objectivity of the process of
selecting candidates for Directors, as well as strengthening the
audit function, as a Member of the Nominating Committee and Audit
Committee.
Name: Fumiya Kokubu
Status as Directors who are Members of the Nominating Committee:
Yes
Status as Directors who are Members of the Compensation Committee:
Yes
Status as Directors who are Members of Audit Committee: No
Status as Independent Directors: Yes
Supplementary explanation of applicable items: —
Reasons for the selection of this Outside Director (In the case a
Director is specified as an Independent Director, include
information on the reasons for selection as an Independent
Director):
Mr. Fumiya Kokubu held positions of President and CEO, and
Chairman of the Board of Marubeni Corporation from 2013, and has
abundant experience and deep insight regarding corporate
management. The Company appointed him as a Director because he is
an exceptional person with both superior character and insight and
in order for him to oversee the entire business management of the
Company from an objective, highly sophisticated and broader
viewpoint. The Company expects Mr. Kokubu to contribute to
strengthening the supervisory function of the Company’s management.
He is also expected to fulfill a role in strengthening the
transparency and objectivity of the process of selecting candidates
for Directors and the process of determining the remuneration of
Directors and Executive Officers, as the Chairperson of the
Nominating Committee and a Member of the Compensation
Committee.
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