Governance Structure through the Board of Directors, Board of Corporate Auditors and Internal Audit Department
First written in FY2016. 3 of 8 entries say "Advanced", first in FY2018. Latest entry: FY2026.
12 other companies' latest entry also says "Other".
- FY2026Change in board compositionAnnual report
「The Board of Directors consists of 6 directors: Representative Director and Chairman Maeda Takeharu (前田 健晴), Representative Director and President Hiraoka Yoshiaki (平岡 佳明), Sato Tetsuhiro (佐藤 哲寛), Kodama Shu (児玉 舟), Kashiwagi Tsuyoshi (柏木 剛), and outside director Katsura Mikito (桂 幹人).」
The Board of Directors changed from 5 members in the previous fiscal year to 6 members. The disclosure describes a dual Representative Director structure comprising a Representative Director and Chairman and a Representative Director and President, as well as the appointment of Kashiwagi Tsuyoshi (柏木 剛) as a director. There is 1 outside director. - FY2025Change in board compositionAnnual report
「The Board of Directors consists of 5 directors: Representative Director and President Maeda Takeharu (前田 健晴), Sato Tetsuhiro (佐藤 哲寛), Kodama Shu (児玉 舟), Hiraoka Yoshiaki (平岡 佳明), and outside director Katsura Mikito (桂 幹人). The company seeks to improve management efficiency, as well as the speed and efficiency of decision-making and business execution, and to enhance corporate value by keeping the number of decision-makers as small as possible.」
The Board of Directors changed from 6 members to 5 members, and the company states that there is 1 outside director. The structure under which 1 person responsible for internal audit and control under the direct control of the Representative Director and Chairman conducts company-wide audits, business-process audits, IT control audits, and audits of the financial closing and financial reporting processes remains in place. - FY2024Change in board compositionAnnual report
「The Board of Directors consists of 6 directors: Representative Director and President Maeda Takeharu (前田 健晴), Sato Tetsuhiro (佐藤 哲寛), Kodama Shu (児玉 舟), Hiraoka Yoshiaki (平岡 佳明), Masuda Satoshi (増田 智), and outside director Katsura Mikito (桂 幹人).」
The Board of Directors changed from 6 members to 6 members, and the text states that there is 1 outside director, Katsura Mikito (桂 幹人). The governance structure comprising the Board of Corporate Auditors, the internal audit and control function under the direct control of the President, and the regulations for management of affiliated companies remains in place. - FY2023RestatedAnnual report
「The Board of Directors consists of 6 directors: Representative Director and President Maeda Takeharu (前田 健晴), Masuda Satoshi (増田 智), Nomura Takashi (野村 隆志), Sato Tetsuhiro (佐藤 哲寛), outside director Katsura Mikito (桂 幹人), and Hayashi Toru (林 亨).」
The disclosure describes a governance structure comprising 6 directors, 2 outside directors, the Board of Corporate Auditors, and an internal audit and control function under the direct control of the President. - FY2021AdvancedAnnual report
「The Board of Directors consists of 6 directors: Representative Director and President Maeda Kenji (前田 健司), Matsumoto Ichiro (松本 一郎), Washi Kentaro (鷲 謙太郎), Fukuda Shuma (福田 嵩真), outside director Hirano Masaki (平野 正樹), and Abe Hisao (阿部 尚夫).」
The Board of Directors is specified as having 6 members, including 2 outside directors. The disclosure also describes coordination with the Board of Corporate Auditors, the internal audit department and the accounting auditor, expanding the governance structure to include external oversight. - FY2020AdvancedAnnual report
「The person responsible for internal audit and internal control prepares annual plans and other plans and, after obtaining the approval of the Representative Director and President, conducts company-wide internal audits, individual business-process audits, IT control audits, and audits of the financial closing and financial reporting processes under those plans.」
The company specifies the scope of internal audit and control performed by 1 person under the direct control of the Representative Director and President, covering company-wide audits, business-process audits, IT control audits, and audits of the financial closing and financial reporting processes. - FY2018AdvancedAnnual report
「As of the date of filing this annual securities report (28 June 2018), the company was a company with a Board of Directors consisting of 5 directors, including 1 outside director, and a company with a Board of Corporate Auditors consisting of 3 corporate auditors, all 3 of whom were outside corporate auditors. In addition, the Internal Audit Department, an organization under the direct control of the Representative Director and President, had 1 person responsible for internal audit and internal control.」
The company describes in detail its governance structure, including 1 outside director, 3 outside corporate auditors and 1 person responsible for internal audit and internal control under the direct control of the Representative Director and President. - FY2016First statedAnnual report
「The company adopted this structure because it determined that it would help it understand the Group's business environment and speed up management decision-making, while strengthening the management oversight function needed to ensure soundness and transparency in management.」
The company has established management oversight functions through the Board of Directors, Board of Corporate Auditors, outside officers and the Internal Audit Department under the direct control of the Representative Director and President.