Strengthening Oversight Functions Through Transition to a Company with an Audit and Supervisory Committee
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2024.
83 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Audit and Supervisory Committee consists of 3 directors serving as audit and supervisory committee members, including 1 full-time member and 2 part-time members. It audits the execution of duties by directors responsible for business execution and monitors the legality and appropriateness of management to maintain sound corporate governance.」
Following the transition to a company with an audit and supervisory committee, the company has continued to operate an oversight structure in which the Audit and Supervisory Committee comprises 3 outside directors. - FY2022AdvancedAnnual report
「At the 35th Annual General Meeting of Shareholders held on 24 March 2022, shareholders approved the transition from a company with a board of corporate auditors to a company with an audit and supervisory committee. The company is working to further strengthen its auditing and oversight functions concerning the legality and appropriateness of business execution, as well as its corporate governance structure. The Audit and Supervisory Committee consists of 3 directors serving as audit and supervisory committee members, including 1 full-time member and 2 part-time members, and audits the execution of duties by directors responsible for business execution.」
Following the transition to a company with an audit and supervisory committee in March 2022, the company has been operating an audit and supervisory committee comprising 3 outside directors. - FY2021First statedAnnual report
「At the 35th Annual General Meeting of Shareholders held on 24 March 2022, shareholders approved the transition from a company with a board of corporate auditors to a company with an audit and supervisory committee. The company is working to further strengthen its auditing and oversight functions concerning the legality and appropriateness of business execution, as well as its corporate governance structure.」
The company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee on 24 March 2022, and changed to a structure with 3 audit and supervisory committee members, all of whom are outside directors.