Management Oversight Framework Including Outside Officers
First written in FY2016. 6 of 12 entries say "Restated". Latest entry: 2026-10-20.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
57 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of the date of submission of the Annual Securities Report, 19 June 2026, the Board of Directors comprises 11 members: 7 directors who are not Audit & Supervisory Committee members, including 2 independent outside directors, and 4 directors who are Audit & Supervisory Committee members, all of whom are outside directors, including 3 independent outside directors. Independent outside directors account for at least one-third of the Board.」
Under the structure of a company with an Audit & Supervisory Committee, the Company describes a Board of Directors comprising 6 outside directors and 4 Audit & Supervisory Committee members, including 5 independent outside directors, with independent outside directors accounting for at least one-third of the Board. - 2026-06-03AdvancedGeneral Meetings of Shareholders
「To strengthen the supervisory function of the Board of Directors, we are asking shareholders to elect 5 directors, excluding directors who serve as Audit and Supervisory Committee Members, a reduction of 2 directors, so that independent outside directors will constitute a majority of the Board of Directors.」
To strengthen the supervisory function of the Board of Directors, the company proposes reducing the number of directors other than Audit and Supervisory Committee Members from 7 to 5, resulting in independent outside directors constituting a majority. - FY2023ReframedAnnual report
「From after the Annual General Meeting of Shareholders in June 2023, the Company decided to clarify the distinction between management oversight and monitoring functions and executive functions to increase the agility of decision-making and business execution. Specifically, it restructured the composition of the Board of Directors, including by abolishing the positions of senior managing director and managing director, and put in place a structure to strengthen the functions of executive officers. In addition, all Audit & Supervisory Committee members became outside directors.」
Under the structure of a company with an Audit & Supervisory Committee, the Company has been restructuring the composition of the Board of Directors and the executive officer structure since after the Annual General Meeting of Shareholders in June 2023, with a view to clarifying the distinction between oversight and monitoring functions and executive functions. All Audit & Supervisory Committee members became outside directors. - FY2022RestatedAnnual report
「Of the 15 directors, 7 are outside directors, including 6 independent outside directors.」
Under the structure of a company with an Audit & Supervisory Committee, the Company continues its oversight structure comprising a Board of Directors including 7 outside directors and an Audit & Supervisory Committee including 7 outside directors. - FY2021ReframedAnnual report
「To further strengthen corporate governance, the Company further enhanced the Board of Directors' supervisory function, including by granting directors who serve as Audit & Supervisory Committee members voting rights at Board of Directors meetings. To enable prompt decision-making in response to changes in the business environment, the Company transitioned to a company with an Audit & Supervisory Committee pursuant to a resolution to amend its Articles of Incorporation at the 70th Annual General Meeting of Shareholders held on 29 June 2021.」
The Company changed from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee. The oversight and decision-making structure was reorganized, with 8 outside directors out of 17 directors and 8 outside directors among the 10 Audit & Supervisory Committee members. - FY2020RestatedAnnual report
「To ensure objectivity and neutrality in management oversight, the Company has appointed 3 outside directors and 3 outside audit & supervisory board members.」
The Company continues its management oversight structure comprising 3 outside directors and 3 outside audit & supervisory board members. - FY2019RestatedAnnual report
「Of the 11 directors, 3 are outside directors. There are also 5 audit & supervisory board members, including outside audit & supervisory board members, of whom 3 are outside audit & supervisory board members.」
The Company continues its management oversight structure comprising 3 outside directors out of 11 directors and 3 outside audit & supervisory board members out of 5. - FY2018RestatedAnnual report
「Of the 11 directors, 3 are outside directors. There are also 5 audit & supervisory board members, including outside audit & supervisory board members, of whom 3 are outside audit & supervisory board members.」
The Company continues its management oversight structure comprising 3 outside directors out of 11 directors and 3 outside audit & supervisory board members out of 5. - FY2017RestatedAnnual report
「Of the 11 directors, 3 are outside directors. There are 5 audit & supervisory board members, of whom 3 are outside audit & supervisory board members.」
The Company continues its management oversight structure comprising 3 outside directors out of 11 directors and 3 outside audit & supervisory board members out of 5. - FY2016First statedAnnual report
「Of the 11 directors, 3 are outside directors. There are 5 audit & supervisory board members, of whom 3 are outside audit & supervisory board members.」
The Company has established a Board of Directors, an Audit & Supervisory Board and an Executive Committee, and explains that objectivity and neutrality are ensured through 3 outside directors and 3 outside audit & supervisory board members.