Transition to a company with an audit and supervisory committee
First written in FY2016. 1 of 2 entries say "Cited as achieved", first in FY2018. Latest entry: FY2018.
2 other companies' latest entry also says "Cited as achieved".
- FY2018Cited as achievedAnnual report
「At the 52nd Annual General Meeting of Shareholders held on 21 June 2016, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved. Accordingly, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee as of that date.」
The transition to a company with an Audit and Supervisory Committee is cited as a past measure adopted as the reason for the current corporate governance structure. - FY2016First statedAnnual report
「At the 52nd Annual General Meeting of Shareholders held on 21 June 2016, amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee were approved. Accordingly, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee as of that date.」
The company transitioned to a company with an Audit and Supervisory Committee to strengthen the supervisory function of the Board of Directors and enhance corporate governance.