Transition to a company with an Audit and Supervisory Committee and strengthening of the outside director oversight structure
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2025.
41 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The Audit and Supervisory Committee consists of 4 directors as of 28 May 2025, comprising 1 internal director, Matsuzawa Terukazu (松沢照和), and 3 outside directors, Ochiai Kensuke (落合健介), Nasu Kenji (那須健二) and Tago Midori (田子みどり), with standing Audit and Supervisory Committee member Matsuzawa Terukazu (松沢照和) serving as chair.」
The Audit and Supervisory Committee is disclosed as a 4-member structure, including 3 outside directors, compared with the previous 3-member structure of 1 internal and 2 outside members. - FY2024RestatedAnnual report
「The Audit and Supervisory Committee consists of 3 directors, comprising 1 internal director and 2 outside directors, with the standing Audit and Supervisory Committee member serving as chair. The committee meets based on its audit policy and audit plan and shares information among its members.」
As a company with an Audit and Supervisory Committee, the company is continuing its audit and oversight structure comprising 1 standing member and 2 outside members. - FY2022RestatedAnnual report
「Based on a resolution of the 7th Annual General Meeting of Shareholders held on 25 May 2017, the company transitioned to a company with an Audit and Supervisory Committee.」
The company is continuing its structure as a company with an Audit and Supervisory Committee and operates an oversight and audit structure involving the Board of Directors, Audit and Supervisory Committee, Internal Audit Office and Group Strategy Meeting. - FY2019RestatedAnnual report
「The company’s board comprises 8 directors excluding those serving as Audit and Supervisory Committee members, including 4 outside directors, and 3 directors serving as Audit and Supervisory Committee members, including 2 outside directors, for a total of 11 directors, including 6 outside directors. The company has adopted the company-with-an-Audit-and-Supervisory-Committee system.」
The company disclosed its full-year operating structure after transitioning to a company with an Audit and Supervisory Committee, including outside directors and Audit and Supervisory Committee members. - FY2017First statedAnnual report
「Based on a resolution of the 7th Annual General Meeting of Shareholders held on 25 May 2017, the company transitioned to a company with an Audit and Supervisory Committee. Its board comprises 8 directors excluding those serving as Audit and Supervisory Committee members, including 4 outside directors, and 4 directors serving as Audit and Supervisory Committee members, all 4 of whom are outside directors, for a total of 12 directors, including 8 outside directors. The company has adopted the company-with-an-Audit-and-Supervisory-Committee system.」
The company states that it transitioned from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee and adopted a 12-member structure including 8 outside directors.