Governance Framework Prioritizing Shareholder Value, Soundness, Transparency, and Compliance
First written in FY2016. 9 of 11 entries say "Advanced", first in FY2017. Latest entry: 2026-10-09.
77 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The Risk and Compliance Committee met 16 times during the fiscal year. In addition to deliberating issues related to risk management and compliance, it reviewed company-wide risks and their management, including the operation of the internal reporting system.」
The Risk and Compliance Committee met 16 times, up from 12 times in the previous disclosure, and reviewed company-wide risk management, including the internal reporting system. - FY2024AdvancedAnnual report
「The Sustainability Committee met 2 times during the fiscal year and specifically considered responses to climate change, identification of climate change-related risks, discussions and decisions concerning human rights due diligence, and the status of sustainability activities.」
The Sustainability Promotion Committee met 2 times during the year and actually discussed and decided on climate change, human rights due diligence and sustainability activities. - FY2023AdvancedAnnual report
「The Board of Directors comprises 7 directors, of whom women account for 28.6% and outside directors account for 71.4%.」
The company disclosed that women account for 28.6% of the 7 directors and outside directors account for 71.4%. It also stated that it appointed a new outside director at the Annual General Meeting of Shareholders in June 2023, increasing diversity. - FY2022AdvancedAnnual report
「Since the fiscal year ended March 2022, the company has maintained a Sustainability Promotion Committee chaired by the director responsible for sustainability. The committee comprises group executive officers and discusses and decides on policies for addressing environmental issues, the assessment and management of climate-related risks and opportunities, and measures to achieve targets. It reports to the Board of Directors at least once a year.」
In addition to its existing explanations of the Board of Directors and risk management structure, the company established a Sustainability Promotion Committee from the fiscal year ended March 2022. The committee discusses and decides on climate-related risks and opportunities and environmental targets, and reports to the Board of Directors at least once a year. - FY2021AdvancedAnnual report
「At the 26th Annual General Meeting of Shareholders held on 18 June 2021, the company appointed 2 new outside directors, thereby increasing the proportion and diversity of outside directors on the Board of Directors.」
The company appointed 2 new outside directors and stated that this increased their proportion and diversity on the Board of Directors. - FY2020AdvancedAnnual report
「At the end of each fiscal year, the company conducts a self-assessment survey covering the composition, operation, roles and responsibilities of the Board of Directors for all directors, and analyzes and evaluates the effectiveness of the Board.」
The company conducts a self-assessment of the Board of Directors’ effectiveness at the end of each fiscal year and, based on the results, expanded opportunities to review the implementation of Members Story and management control indicators. - FY2017AdvancedAnnual report
「Following a resolution at the Annual General Meeting of Shareholders held on 22 June 2017 to amend the Articles of Incorporation to transition to a company with an Audit & Supervisory Committee, the company changed from a company with an Audit & Supervisory Board to a company with an Audit & Supervisory Committee on the same date. This transition is intended to improve management soundness and efficiency by accelerating decision-making, enhancing management transparency and objectivity, strengthening audit and supervisory functions, and further reinforcing the corporate governance structure.」
The company changed to a company with an Audit & Supervisory Committee and established an Audit & Supervisory Committee comprising 4 outside directors. - FY2016First statedAnnual report
「To achieve continued growth in shareholder value, we consider sound management, transparency and compliance to be among our most important priorities. To this end, we are strengthening corporate governance by appointing outside directors and outside audit & supervisory board members to ensure the appropriateness and efficiency of the directors’ execution of their duties, and by establishing an internal audit function reporting directly to the representative director and president and independent of operating departments.」
The company describes a governance structure combining outside directors, outside audit & supervisory board members, an internal audit function reporting directly to the president, and the Audit & Supervisory Board.