Strengthening Oversight Through the Transition to a Company with an Audit and Supervisory Committee
First written in FY2021. 2 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2025.
87 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Mainly through its full-time members, the Audit and Supervisory Committee conducts operational and accounting audits of all Group companies, attends Board of Directors meetings, expresses opinions, and audits and oversees the legality and appropriateness of the directors' execution of their duties.」
The Company continues to operate under the framework of a company with an Audit and Supervisory Committee and to conduct audits and oversight across all Group companies. - FY2023AdvancedAnnual report
「To ensure that the Board of Directors and the Audit and Supervisory Committee perform their functions effectively, the Company has also adopted a dual-reporting structure under which the Internal Audit Office reports directly and appropriately to the Board of Directors and the Audit and Supervisory Committee.」
As part of operations following the change to a company with an Audit and Supervisory Committee, the Company specified a dual-reporting structure under which the Internal Audit Office reports directly to the Board of Directors and the Audit and Supervisory Committee. - FY2022AdvancedAnnual report
「The Audit and Supervisory Committee met 14 times during the fiscal year, conducting operational and accounting audits of all Group companies, mainly through its full-time members, while attending Board of Directors meetings, expressing opinions, and auditing and overseeing the legality and appropriateness of the directors' execution of their duties.」
Regarding the framework of the company with an Audit and Supervisory Committee introduced in FY2021, the Company disclosed that the committee met 14 times and conducted audits and oversight across all Group companies. - FY2021First statedAnnual report
「At the eighth annual general meeting of shareholders held on 24 December 2021, a resolution was passed to partially amend the Articles of Incorporation, and the Company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, in which a majority of the members are outside directors and which audits and oversees the legality and appropriateness of business execution.」
The Company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, in which a majority of the members are outside directors.