Transition to a Company with an Audit and Supervisory Committee and Strengthening of Oversight and Audit Functions
First written in FY2016. 6 of 9 entries say "Advanced", first in FY2017. Latest entry: 2026-07-14.
82 other companies' latest entry also says "Restated".
- 2026-07-14RestatedGovernance
「Board of Directors Selection and supervision Matters submitted for deliberation and reporting Delegation of decisions on important business execution President Executive Management Meeting」
The corporate governance report restates a governance structure in which the Board of Directors delegates decisions on important business execution and supervises the president and the Executive Management Meeting. - FY2026AdvancedAnnual report
「The board of directors consists of 11 directors, including 3 directors serving on the audit and supervisory committee, of whom 4, including 2 audit and supervisory committee members, are outside directors.」
The company continues its company structure with an audit and supervisory committee, its executive officer system, and delegation of important business execution decisions, and discloses a board comprising 11 directors, including 4 outside directors, for the fiscal year. - 2026-06-01AdvancedGovernance
「They have extensive experience in corporate management and other areas, and are expected to provide important advice and oversight regarding the group’s overseas strategy, sustainability initiatives and enhancement of human capital, which are important management issues for the company. / They possess specialized and advanced knowledge and broad experience in corporate legal affairs as attorneys, and are expected to apply these capabilities to the supervision and auditing of directors’ execution of their duties.」
In connection with proposals to appoint outside directors, the company reported 2 new independent officers. The reasons for appointment specify expected advisory, supervisory and audit functions relating to overseas strategy, sustainability, human capital and corporate legal affairs. - FY2023AdvancedAnnual report
「The board of directors consists of 12 directors, including 3 directors serving on the audit and supervisory committee, of whom 4, including 2 audit and supervisory committee members, are outside directors. Under the Articles of Incorporation and resolutions of the board of directors, most decisions regarding important business execution, excluding matters prescribed by law, have been delegated to the directors.」
The company continues its company structure with an audit and supervisory committee and its executive officer system, and discloses a framework comprising 12 directors, 4 outside directors, and delegation of most important business execution decisions. - FY2021RestatedAnnual report
「As a company with an audit and supervisory committee, the Company has established a board of directors and an audit and supervisory committee as prescribed by the Companies Act. It has also introduced an executive officer system, delegating individual business execution to executive officers, including directors responsible for business execution.」
The company continues its oversight and audit framework comprising a company with an audit and supervisory committee, an executive officer system, a board including outside directors, and nominating and compensation advisory committees. - FY2020AdvancedAnnual report
「As voluntary advisory bodies to the board of directors, the Company has established a Nominating Advisory Committee and a Compensation Advisory Committee, each composed of a majority of independent outside directors. In response to consultations from the board of directors, the committees deliberate mainly on the following matters.」
In addition to a company structure with an audit and supervisory committee and an executive officer system, the company has established nominating and compensation advisory committees with a majority of independent outside directors. - FY2019AdvancedAnnual report
「As a company with an audit and supervisory committee, the Company has established a board of directors and an audit and supervisory committee as prescribed by the Companies Act. It has also introduced an executive officer system, delegating individual business execution to executive officers, including directors responsible for business execution. The board of directors consists of 9 directors, including 3 audit and supervisory committee members, of whom 3, including 2 audit and supervisory committee members, are outside directors.」
Following the transition to a company with an audit and supervisory committee, the company has established its current framework of 9 directors, 3 outside directors, and delegation of business execution to executive officers. - FY2017AdvancedAnnual report
「The board of directors consists of 13 directors, including 3 directors serving on the audit and supervisory committee, of whom 3, including 2 audit and supervisory committee members, are outside directors. Under the Articles of Incorporation and resolutions of the board of directors, most decisions regarding important business execution, excluding matters prescribed by law, have been delegated to the directors.」
Following the transition to a company with an audit and supervisory committee, the company discloses the specific operation of its board composition, outside directors, and delegation of business execution authority. - FY2016First statedAnnual report
「At the 7th annual general meeting of shareholders held on 28 June 2016, the Company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee.」
The company changed its organizational structure on 28 June 2016 and adopted a framework designed to enhance the agility of business execution and the effectiveness of supervision and auditing.