Responding to the Corporate Governance Code and Strengthening the Governance Structure
First written in FY2017. 9 of 10 entries say "Advanced", first in FY2018. Latest entry: 2026-10-20.
The whole theme swung hardest in 2023: 15 of 103 companies on the "Worse" side.
57 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「As of the filing date, the Board of Directors consists of 8 members, including 3 outside directors … The Audit & Supervisory Board consists of 4 members, all of whom are outside Audit & Supervisory Board members, comprising 1 full-time member and 3 part-time members」
It disclosed a structure in which the Board of Directors was changed from 7 to 8 members, including 3 outside directors. The structure in which all 4 Audit & Supervisory Board members are outside members continues. - FY2022AdvancedAnnual report
「As of the filing date, the Board of Directors consists of 7 members, including 3 outside directors. It determines basic management policies, matters prescribed by laws and regulations, and other important management matters, while supervising the execution of duties by directors and executive officers.」
It disclosed a structure in which 3 of the 7 directors are outside directors, with oversight and internal checks provided by the Executive Officers’ Meeting, the Audit & Supervisory Board, and the Management Audit Office. - FY2021AdvancedAnnual report
「As of the filing date, the Board of Directors consists of 7 members, including 2 outside directors. It determines basic management policies, matters prescribed by laws and regulations, and other important management matters, while supervising the execution of duties by directors and executive officers.」
It disclosed a post-integration governance structure consisting of a 7-member Board of Directors, including 2 outside directors, with an oversight framework. - FY2018AdvancedAnnual report
「In addition to the Sales Headquarters, Merchandising Headquarters, HC Business Headquarters, Sales Planning and Digital Headquarters, and Development Headquarters, we have established a Management Headquarters as an independent administrative division. The organization is structured so that each headquarters can provide internal checks on the others. In addition, the Management Audit Office, independent of these organizations and directly under the president, evaluates, identifies issues in, and provides guidance on the activities and systems of each division from an impartial standpoint.」
It describes its policy of strengthening governance through a specific governance and internal-check structure comprising the Management Headquarters, multiple business headquarters, and the Management Audit Office directly under the president. - FY2017First statedAnnual report
「With the application of the Corporate Governance Code, we will strengthen our strategies and governance structure to achieve sustainable growth and increase corporate value over the medium to long term.」
It has indicated a policy of strengthening its strategies and governance structure for sustainable growth and increased corporate value, prompted by the application of the Corporate Governance Code.