Strengthening Internal Controls, Compliance and Corporate Governance
First written in FY2017. 6 of 12 entries say "Advanced", first in FY2018. Latest entry: FY2026.
5 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「As of the filing date, 24 June 2026, the Board of Directors comprises 5 directors, including 3 independent outside directors. The company aims to improve its level of corporate governance by strengthening the Board's supervisory function through a higher proportion of outside directors. The Board met 15 times in fiscal 2025.」
The Board of Directors changed from 3 independent outside directors out of 4 members in the previous fiscal year to 3 out of 5 members. The company also disclosed plans for the chairperson and president to change and a new outside director candidate. - FY2025AdvancedAnnual report
「As of the filing date, 24 June 2025, the Board of Directors comprises 4 directors, including 3 independent outside directors. The company aims to improve its level of corporate governance by strengthening the Board's supervisory function through a higher proportion of outside directors. The Board met 15 times in fiscal 2024.」
The Board of Directors changed from 3 independent outside directors out of 5 members to 3 out of 4 members, increasing the proportion of outside directors. The Board met 15 times in fiscal 2024. - FY2023ReframedAnnual report
「As of the filing date, the Board of Directors comprises 5 directors, including 3 independent outside directors. The company aims to improve its level of corporate governance by strengthening the Board's supervisory function through a higher proportion of outside directors. The Board met 13 times in fiscal 2022.」
The Board of Directors changed from a structure with 3 independent outside directors out of 6 members to one with 3 out of 5 members, increasing the proportion of independent outside directors. The company disclosed that the Board met 13 times during the year. - FY2022AdvancedAnnual report
「As of the filing date, the Board of Directors comprises 6 directors, including 3 independent outside directors. The company aims to improve its level of corporate governance by strengthening the Board's supervisory function through a higher proportion of outside directors. In fiscal 2021, the Board met 15 times, deciding matters prescribed by law and important management matters and appropriately supervising the execution of duties.」
The company discloses a structure in which 3 of the 6 directors are independent outside directors, as well as 15 Board meetings held in fiscal 2021. - FY2020AdvancedAnnual report
「The company has established a Management Advisory Committee comprising the President and independent outside directors as an advisory body to the Board of Directors. The committee deliberates on (1) matters concerning the appointment and dismissal of directors, audit & supervisory board members and executive officers, (2) matters concerning their compensation, and (3) important matters concerning corporate governance, among others, and submits its recommendations to the Board of Directors, thereby ensuring independence and objectivity and further strengthening the corporate governance framework.」
As a governance-strengthening measure, the company specifically discloses a structure in which the Management Advisory Committee, comprising the president and independent outside directors, deliberates on the appointment and dismissal of officers, compensation and important governance matters. - FY2020-Q2RestatedAnnual report
「“Ongoing management innovation through stronger corporate governance and the promotion of CSR”」
The company continues to combine the strengthening of corporate governance with the promotion of CSR as a basic policy aimed at ongoing management innovation. - FY2020-Q1RestatedAnnual report
「“Ongoing management innovation through stronger corporate governance and the promotion of CSR”」
The company has combined the strengthening of corporate governance with the promotion of CSR as a basic policy of its medium-term management plan aimed at ongoing management innovation. - FY2019RestatedAnnual report
「The company is working to further enhance its internal control functions and compliance framework while strengthening its corporate governance framework.」
The policy of strengthening internal controls, compliance and corporate governance continues. - FY2018AdvancedAnnual report
「To ensure independence and objectivity in the decision-making process concerning the personnel and compensation of directors and other officers, and to further strengthen the corporate governance framework, the company has established a Management Advisory Committee comprising the Representative Director and President and independent outside directors. The committee deliberates on the appointment and dismissal of directors and other officers and on compensation.」
In addition to its internal control and compliance policies, the company specifically discloses the establishment of a Management Advisory Committee comprising the president and independent outside directors and its role in deliberating on executive appointments and compensation. - FY2017First statedAnnual report
「The company is working to further enhance its internal control functions and compliance framework while strengthening its corporate governance framework.」
The strengthening of internal controls, compliance and corporate governance is explicitly stated as an ongoing management policy.