Strengthening Governance through Outside Officers and an Audit & Supervisory Board Secretariat
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
57 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Board of Directors currently comprises 8 directors excluding directors who are Audit and Supervisory Committee members, including 4 outside directors, and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, for a total of 11 members, with the Representative Director and President serving as chair. Currently, 6 of the 11 directors are independent outside directors.」
The Board of Directors changed from a structure with 5 outside directors among 13 directors to one with 6 independent outside directors among 11 directors. - 2026-05-29AdvancedGovernance
「Tomoko Kawakami (川上智子) has engaged in management studies for many years. In particular, she has extensive academic expertise in innovation and marketing, extensive research experience at universities overseas, and broad contact with companies through her research activities.」
A filing was made to newly designate Tomoko Kawakami (川上智子) as an independent officer candidate for outside director, with plans to expand the composition of independent outside directors. The scheduled change date is 19 June 2026, and her election had not been completed as of the filing date. - FY2024RestatedAnnual report
「The Board of Directors currently comprises 10 directors excluding directors who are Audit and Supervisory Committee members, including 3 outside directors, and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, for a total of 13 members, with the Representative Director and President serving as chair. Outside directors account for more than one-third of the Board, at 5 of 13 members.」
The company reconfirmed its structure as a company with an Audit and Supervisory Committee, with 5 outside directors among 13 directors. - FY2022RestatedAnnual report
「Outside directors account for more than one-third of the Board of Directors, at 5 of 13 members.」
The company reconfirmed the structure following the transition to a company with an Audit and Supervisory Committee, with 5 outside directors among 13 directors, and the strengthened oversight function. - FY2021ReframedAnnual report
「With shareholder approval at the 41st Annual General Meeting of Shareholders held on 18 June 2016, the company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee at the close of that meeting. The Board of Directors currently comprises 10 directors excluding directors who are Audit and Supervisory Committee members, including 3 outside directors, and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors, for a total of 13 members. Outside directors account for more than one-third of the Board, at 5 of 13 members.」
The company changed its organisational structure from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, transitioning to a structure that strengthens the Board of Directors' oversight function. Outside directors accounted for 5 of 13 directors. - FY2020AdvancedAnnual report
「Accordingly, as of the filing date, 10 directors, including 3 outside directors, and 5 Audit & Supervisory Board members, including 3 outside members, have been appointed.」
The number of outside directors increased from the previous 2 to 3, and the company described the resulting structure together with 3 outside Audit & Supervisory Board members. It also referred to improvements in the operation of the Board of Directors incorporating diversity including gender. - FY2018RestatedAnnual report
「As of the filing date, 10 directors, including 2 outside directors, and 5 Audit & Supervisory Board members, including 3 outside members, have been appointed.」
The company continues its governance structure as a company with an Audit & Supervisory Board, including 2 outside directors and 3 outside Audit & Supervisory Board members, along with operational improvements based on evaluations of the Board of Directors' effectiveness. - FY2017RestatedAnnual report
「The company has adopted a company with an Audit & Supervisory Board structure and its articles of incorporation provide for up to 10 directors and a Board of Directors, and up to 5 Audit & Supervisory Board members and an Audit & Supervisory Board. Accordingly, as of the filing date, 10 directors, including 2 outside directors, and 5 Audit & Supervisory Board members, including 3 outside members, have been appointed.」
The current governance structure, including 2 outside directors and 3 outside Audit & Supervisory Board members, and operational improvements based on evaluations of the Board of Directors' effectiveness continue. - FY2016First statedAnnual report
「To promote decision-making from diverse perspectives and enhance the management oversight function, we worked to strengthen the support structure for Audit & Supervisory Board members by appointing 2 outside directors with extensive knowledge of corporate management and management strategy, adding 1 independent outside Audit & Supervisory Board member and establishing an Audit & Supervisory Board secretariat, among other measures, and advanced improvements to the management structure for the Group's sustainable development.」
Appointed 2 outside directors, added 1 outside Audit & Supervisory Board member and established an Audit & Supervisory Board secretariat.