Strengthening Corporate Governance
First written in FY2016. 4 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2025.
65 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Through its sustainability activities, the Group formulates strategies and plans at management meetings and makes recommendations to the Board of Directors in order to achieve both sustainable corporate growth and contributions to society.」
In addition to the existing governance structure centered on the Board of Directors and the Audit and Supervisory Committee, the Company has established a structure in which sustainability strategies and plans are formulated at management meetings and monitored by the Board of Directors. - FY2022AdvancedAnnual report
「As of the filing date of this annual securities report, the Company's Board of Directors consists of 6 directors, including 4 outside directors. The Board makes important management decisions and supervises the execution of operations. The Audit and Supervisory Committee consists of 4 members, all of whom are outside members, and conducts rigorous audits in accordance with the audit policies, allocation of duties and other matters established by the committee.」
The Company discloses a supervisory and audit structure comprising 4 outside directors and 4 outside Audit and Supervisory Committee members, setting out the specific composition of its governance structure. - FY2021-Q3RestatedAnnual report
「The Company streamlined head office and headquarters costs.」
We continue to streamline head office and headquarters costs. - FY2020-Q1AdvancedAnnual report
「At the shareholders' meeting held in November 2019, the Company proceeded to the stage of adopting measures including a capital reduction to improve its financial position, resume dividends at an early date and acquire treasury shares, as well as strengthening governance to support sound business growth」
Regarding the strengthening of governance, the Company reached the stage of adopting specific resolutions at the shareholders' meeting held in November 2019. - FY2018-Q3RestatedAnnual report
「The Company is reducing inflated head office expenses by reviewing its governance structure.」
The Company continues to pursue improvements by combining a review of its governance structure with reductions in head office expenses. - FY2018-Q2RestatedAnnual report
「The Company is promoting differentiation through collaborative initiatives that leverage the Group's distinctive characteristics, while reviewing its governance structure to reduce and compress its inflated head office expenses.」
The Company continues to review its governance structure and, as part of this effort, reduce and compress head office expenses. - FY2018-Q1RestatedAnnual report
「The Company also reviewed its governance structure and tightened budget controls」
Even after transitioning to a company with an Audit and Supervisory Committee, the Company continues to review its governance structure and strengthen budget management. - FY2017AdvancedAnnual report
「At the 19th Annual General Meeting of Shareholders held on 28 November 2017, the Company decided to transition its governance structure to a company with an Audit and Supervisory Committee.」
Following the renewal of management, the Company made specific changes to strengthen its audit and internal control functions, moving to a structure with 3 outside directors among 5 directors and 3 Audit and Supervisory Committee members. - FY2016First statedAnnual report
「The Company recognises that building a stronger corporate governance framework is an essential priority.」
The Company respects the Corporate Governance Code and aims to improve transparency, fairness and speed through the Board of Directors, outside directors, outside corporate auditors, the Internal Audit Office, the Risk Management Committee and other bodies.