Identification of Issues and Improvement Plans Based on Board Effectiveness Evaluations
First written in FY2024. . Latest entry: FY2025.
6 other companies' latest entry also says "Other".
- FY2025Update of issues identified in the effectiveness evaluationAnnual report
「At the same time, the following issues were identified: (a) diversity among Board members; (b) strengthening coordination with the internal audit department; (c) enhancing discussions, including measures to achieve management that is conscious of the cost of capital and share price, as well as TCFD and related matters; and (d) enhancing the exchange of opinions among outside officers. To address the issues identified, we will consider and implement the following action plans.」
As an issue identified through the Board effectiveness evaluation, the company explicitly cites enhancing discussions on management that is conscious of the cost of capital and share price, as well as TCFD and related matters, instead of the previous focus on officer training. - FY2024First statedAnnual report
「We conducted a questionnaire-based evaluation of the effectiveness of the Board of Directors, completed by each director and Audit & Supervisory Board member, with the aim of enhancing the Board’s effectiveness and contributing to sustainable growth and increased corporate value. Based on the results, we determined that the Board’s effectiveness was generally ensured. At the same time, the following issues were identified: (a) diversity among Board members; (b) strengthening coordination with the internal audit department; (c) enhancing officer training; and (d) enhancing the exchange of opinions among outside officers. To address the issues identified, we will consider and implement the following action plans: (a) determining priorities for addressing the issues; (b) establishing a schedule for implementation; and (c) checking improvements through the PDCA cycle and reviewing the following year’s results.」
The company evaluated the Board’s effectiveness through a questionnaire and determined that it was generally ensured. It then identified diversity, coordination with internal audit, officer training and the exchange of opinions among outside officers as issues, and disclosed an improvement plan based on priorities, a schedule and the PDCA cycle for the first time.