Strengthening Audit and Oversight Functions by Transitioning to a Company with an Audit and Supervisory Committee
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021.
84 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「We have adopted the company-with-an-Audit-and-Supervisory-Committee structure. To ensure transparency and fairness in management, we have established the Board of Directors, Management Committee, Audit and Supervisory Committee and accounting auditor as the principal bodies of our corporate governance structure, together with supplementary bodies including the Nomination Advisory Committee and Compensation Advisory Committee.」
The company continues to operate a structure ensuring transparency and fairness through the company-with-an-Audit-and-Supervisory-Committee structure, Management Committee, and Nomination and Compensation Advisory Committees. - FY2019RestatedAnnual report
「We aim to be a company that continues to be trusted and needed by society at large. We have transitioned to a company with an Audit and Supervisory Committee to maintain and further enhance transparency and soundness, and to accelerate and improve the efficiency of decision-making through the executive officer system.」
Following the transition to a company with an Audit and Supervisory Committee, the company continues to maintain transparency and soundness and accelerate decision-making through the executive officer system. - FY2017AchievedAnnual report
「Following approval at the 70th Annual General Meeting of Shareholders held on 24 June 2016 of amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee, the Company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee effective on the same date.」
The transition to a company with an Audit and Supervisory Committee has been completed, and the company operates with a structure comprising 8 directors and 3 Audit and Supervisory Committee members. - FY2016First statedAnnual report
「At the 70th Annual General Meeting of Shareholders held on 24 June 2016, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved. Accordingly, we changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee effective that date. The purpose of this transition is to further enhance corporate governance by strengthening the Board of Directors’ audit and supervisory functions.」
As of the filing date, the Company had transitioned to a structure consisting of 9 directors, including 3 directors serving as Audit and Supervisory Committee members.