Governance through a Board of Directors, Board of Corporate Auditors and Executive Officer System
First written in FY2016. 1 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2025.
9 other companies' latest entry also says "Other".
- FY2025Submitted a proposal to the annual general meeting of shareholders to transition to a company with an audit and supervisory committeeAnnual report
「If the proposal is approved as originally submitted, the company will transition to a company with an audit and supervisory committee on the same date, and certain aspects of its corporate governance will consequently change from those described below.」
A proposal to transition from a company with a board of corporate auditors to a company with an audit and supervisory committee has been submitted to strengthen the board's supervisory function and accelerate decision-making on the execution of operations. As of the filing date, this remains a plan. - FY2022Planned expansion of the executive officer structure to 13 membersAnnual report
「The company currently has 12 executive officers, and 1 new executive officer is scheduled to take office on 1 January 2023, bringing the total to 13.」
The company states that it will maintain a structure of 6 directors, including 3 outside directors, while the number of executive officers is scheduled to change from 12 to 13 on 1 January 2023. - FY2021Maintained a 6-member board of directors and expanded the number of outside directors to 3Annual report
「The board of directors consists of 6 directors, including 3 outside directors, and meets monthly as well as as needed.」
The board's composition changed from 4 directors in the previous annual report to 6, and the number of outside directors also increased to 3. - FY2020The number of directors on the board changed from 6 to 4Annual report
「The board of directors consists of 4 directors, including 1 outside director, and meets monthly as well as as needed, with the aim of ensuring sound management and appropriate business operations.」
The board's composition changed from 6 directors in the previous annual report to 4. The governance framework using the executive officer system, divisional structure and management planning meeting continues. - FY2019Expanded the board of directors from 5 to 6 members and explicitly identified the management planning meetingAnnual report
「The board of directors consists of 6 directors, including 1 outside director, and meets monthly as well as as needed, with the aim of ensuring sound management and appropriate business operations.」
The board of directors now consists of 6 members, and the governance structure for decision-making and business operations includes 12 executive officers, a divisional structure and a management planning meeting. - FY2016First statedAnnual report
「Under the Companies Act, we are a company with a board of directors, a board of corporate auditors and an accounting auditor. The board of directors consists of 5 directors, including 1 outside director, and meets monthly as well as as needed, with the aim of ensuring sound management and appropriate business operations. We have introduced an executive officer system to improve management efficiency.」
Sound and efficient management is ensured through a combination of the board of directors, board of corporate auditors, accounting auditor, executive officer system and divisional structure.