Board Effectiveness Evaluation and Enhanced Discussion of Medium- to Long-Term Issues
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
56 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company transitioned to a monitoring model in which outside officers constitute a majority, comprising 5 directors other than Audit and Supervisory Committee members (including 2 outside directors) and 4 Audit and Supervisory Committee members (including 3 outside members).」
The Board effectiveness evaluation confirmed progress in making outside officers a majority, revising the criteria for matters to be submitted to the Board and establishing a risk management framework, while identifying monitoring of material risks and succession planning as ongoing issues. - FY2025AdvancedAnnual report
「During the fiscal year, the Company held free-ranging discussions on the skills matrix, meaning the skills the Board should possess in light of the challenges in the Company's management strategy, capital policy, governance enhancement and other matters, with the aim of deepening discussions on important management issues.」
The Company conducted an evaluation of the Board of Directors' effectiveness and specified measures for improvement, including increasing the proportion of outside directors to a majority, revising the criteria for matters to be submitted to the Board, and strengthening risk management, in addition to discussions on the skills matrix, capital policy and governance. - FY2023First statedAnnual report
「During the fiscal year, we held discussions on the medium-term management plan, capital policy, shareholder returns and other matters, as well as open discussions on our assessment of the external environment, in an effort to deepen discussions on key management issues.」
The Company conducted an evaluation of the Board of Directors' effectiveness and disclosed discussions and areas for future improvement concerning the 18 Board meetings, the skills matrix, development of management talent, ESG issues and capital policy, among other matters.