Governance framework for enhancing management independence from the parent company
First written in FY2016-Q2. 1 of 6 entries say "Restated". Latest entry: 2026-03-24.
1 other company's latest entry also says "Other".
- 2026-03-24OtherGovernance
「Although one director concurrently holds a position at the company and there are business relationships, the company is not constrained by it in its business activities and makes decisions based on its own independent management judgment. We believe that a certain degree of independence has been secured as a listed company.」
Although JN Group became an other affiliated company with a combined voting-rights holding of 28.30%, the company reported no constraints on its business activities, independent decision-making and a certain degree of independence. - FY2020MitigatedAnnual report
「The Company has no parent company or equivalent entity as defined in Article 24-7, paragraph 1 of the Financial Instruments and Exchange Act.」
The absence of a parent company or equivalent entity is expressly stated, further clarifying the Company's structural independence from the former parent company group. - FY2017-Q3Changed from a parent company to an equity-method affiliateAnnual report
「On 14 April 2017, ネクスグループ resolved to change the Company's status from a consolidated subsidiary to an equity-method affiliate.」
ネクスグループ resolved to change the Company from a consolidated subsidiary to an equity-method affiliate, resulting in a change in its capital relationship with the parent company. - FY2016AdvancedAnnual report
「When appointing corporate auditors, the Audit & Supervisory Board carefully reviews their career backgrounds and other information and ensures that outside corporate auditors with no relationship to the parent company are appointed.」
The filing describes a specific system for strengthening management independence by ensuring the appointment of outside corporate auditors with no relationship to the parent company. - FY2016-Q3RestatedAnnual report
「In January this year, your company changed the composition of its board of directors and board of corporate auditors to establish a system that enhances management independence from the parent company. The effectiveness of this system still needs to be confirmed.」
The effectiveness of independence from the parent company through changes to the composition of the board of directors and board of corporate auditors still needs to be confirmed. - FY2016-Q2First statedAnnual report
「In January this year, your company changed the composition of its board of directors and board of corporate auditors to establish a system that enhances management independence from the parent company. The effectiveness of this system still needs to be confirmed.」
The company aims to strengthen management independence from the parent company by changing the composition of the board of directors and board of corporate auditors.