Strengthening Oversight and Audit Functions through Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2016. 3 of 9 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2025.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
40 other companies' latest entry also says "Other".
- FY2025Planned changes to the Board of Directors’ compositionAnnual report
「The Board of Directors consists of 6 directors, comprising 1 internal director and 5 outside directors.」
As of the filing date, the structure comprises 6 directors, including 1 internal director and 5 outside directors. The filing states that, following approval at the Annual General Meeting of Shareholders, the Board of Directors is expected to comprise 7 directors, including 4 outside directors. - FY2024Increase in outside director ratio and board restructuringAnnual report
「The Board of Directors consists of 6 directors, comprising 1 internal director and 5 outside directors.」
The Board of Directors changed from 2 internal directors and 4 outside directors to 1 internal director and 5 outside directors. All 3 Audit & Supervisory Board Members are now outside Audit & Supervisory Board Members. - FY2022Board composition updatedAnnual report
「The Board of Directors consists of 6 directors, comprising 2 internal directors and 4 outside directors.」
The structure changed from 9 directors in the previous fiscal year, comprising 5 internal directors and 4 outside directors, to 6 directors, comprising 2 internal directors and 4 outside directors. - FY2021AdvancedAnnual report
「Following the conclusion of the continued meeting of the Annual General Meeting of Shareholders for the fiscal year ended August 2021, the Company's officer structure comprises 5 directors, including 4 outside directors, and 4 Audit & Supervisory Board Members, all of whom are outside Audit & Supervisory Board Members.」
The structure following the conclusion of the continued meeting comprises 4 outside directors and 4 outside Audit & Supervisory Board Members. - FY2020Change in board structureAnnual report
「The Board of Directors consists of 7 directors, comprising 5 internal directors and 2 outside directors. Of the 4 Audit & Supervisory Board Members, 3 are outside Audit & Supervisory Board Members.」
The Board of Directors changed from 6 members, comprising 3 internal directors and 3 outside directors, to 7 members, comprising 5 internal directors and 2 outside directors. Of the 4 Audit & Supervisory Board Members, 3 are outside Audit & Supervisory Board Members. - FY2019Change in the size of the Board of DirectorsAnnual report
「The board of directors comprises 6 members, including 3 inside directors and 3 outside directors. The company is also a company with an audit & supervisory board, and all 4 audit & supervisory board members are outside audit & supervisory board members.」
The board of directors changed from 9 members, comprising 5 inside directors and 4 outside directors, to 6 members, including 3 outside directors. Meanwhile, the structure with 4 outside audit & supervisory board members has been maintained. - FY2018AdvancedAnnual report
「The board of directors comprises 9 members, including 5 inside directors and 4 outside directors. The company is also a company with an audit & supervisory board, and all 4 audit & supervisory board members are outside audit & supervisory board members.」
The board of directors now has 9 members, including 4 outside directors, and all 4 audit & supervisory board members are outside members. The filing provides specific details of the oversight and audit structure involving outside officers. - FY2017-Q3AdvancedAnnual report
「Audit & supervisory board member Suzuki Takamitsu (鈴木 孝光) is an outside audit & supervisory board member.」
The new officer section dated 25 April 2017 lists Suzuki Takamitsu (鈴木 孝光) as a full-time audit & supervisory board member and states that he is an outside audit & supervisory board member. - FY2016First statedAnnual report
「The board of directors comprises 8 members, including 4 inside directors and 4 outside directors.」
The company identifies a structure with 4 outside directors and 3 outside audit & supervisory board members to provide diverse perspectives in management decisions, mutual oversight among directors and enhanced audit functions.