Transaction Verification by the Related-Party Transaction Verification Advisory Committee
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024Update to meeting frequency and recommendationsAnnual report
「The Advisory Committee for Reviewing Related-Party Transactions met 5 times during the fiscal year, and both committee members attended all 5 meetings.」
The Advisory Committee for Reviewing Related-Party Transactions met 5 times and submitted recommendations to the Board of Directors regarding related-party transactions. - FY2022AdvancedAnnual report
「The Advisory Committee for Reviewing Related-Party Transactions met 7 times in Fiscal Year 2021, deliberated on the content of its recommendations to the Board of Directors regarding transactions with related parties, and submitted those recommendations to the Board of Directors.」
The Advisory Committee for Reviewing Related-Party Transactions increased its annual meetings from 3 previously to 7 and submitted recommendations to the Board of Directors. - FY2021First statedAnnual report
「The Advisory Committee for Reviewing Related-Party Transactions deliberates on the following matters and provides its recommendations to the Board of Directors: ① selection of the scope of related-party transactions to be reviewed by the Group, covering all related-party transactions specified under the Companies Act, accounting standards, and other regulations. The Advisory Committee for Reviewing Related-Party Transactions met 3 times in Fiscal Year 2020.」
The company describes a committee responsible for selecting related-party transactions for review, making recommendations to the Board of Directors, and reporting to the Audit & Supervisory Board, as well as its 3 meetings during the fiscal year.