Strengthening Governance through Transparency, Legal Compliance and Oversight of Business Operations
First written in FY2016. 5 of 12 entries say "Advanced", first in FY2025. Latest entry: 2026-10-01.
59 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Board of Directors decides matters prescribed by laws and regulations, the Articles of Incorporation and matters relating to management, while the directors mutually monitor the execution of duties. The company has 13 directors, including 5 directors who are Audit and Supervisory Committee members, of whom 6 are outside directors, including 3 outside directors who are Audit and Supervisory Committee members.」
Following the change to a company with an Audit and Supervisory Committee, the company operates with 13 directors, 6 outside directors and 5 Audit and Supervisory Committee members, and the Board of Directors met 12 times during the fiscal year. - FY2025AdvancedAnnual report
「At the general meeting of shareholders held on 27 June 2024, a resolution was passed to amend the Articles of Incorporation for the purpose of changing to a company with an Audit and Supervisory Committee, in order to strengthen the oversight functions of the Board of Directors and further enhance corporate governance through an enhanced monitoring structure. Accordingly, the company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee on the same date.」
Following the change to a company with an Audit and Supervisory Committee, the company operates its Board of Directors and Audit and Supervisory Committee with 13 directors, including 6 outside directors, and 5 Audit and Supervisory Committee members. A Nomination and Compensation Advisory Committee has also been established, advancing the formalisation of oversight and compensation decision-making functions. - FY2024ReframedAnnual report
「At the general meeting of shareholders held on 27 June 2024, a resolution was passed to amend the Articles of Incorporation for the purpose of changing to a company with an Audit and Supervisory Committee, in order to strengthen the oversight functions of the Board of Directors and further enhance corporate governance through an enhanced monitoring structure. Accordingly, the company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee on the same date.」
The company changed from its previous company-with-an-Audit-&-Supervisory-Board structure to a company with an Audit and Supervisory Committee, adopting a structure designed to strengthen the oversight functions of the Board of Directors. - FY2022RestatedAnnual report
「The company has 7 directors, including 2 outside directors, and 4 Audit & Supervisory Board members, including 2 outside Audit & Supervisory Board members. In addition, an executive officer system has been introduced to improve management efficiency and strengthen business execution based on the management policies decided by the Board of Directors. Governance functions have been strengthened by separating business execution from business oversight in corporate management and clarifying the functions and responsibilities of directors and executive officers.」
The company continues its governance structure comprising outside officers, the executive officer system and the separation of business execution from oversight. - FY2020RestatedAnnual report
「The company has 7 directors, including 2 outside directors, and 4 Audit & Supervisory Board members, including 2 outside Audit & Supervisory Board members. In addition, an executive officer system has been introduced to improve management efficiency and strengthen business execution based on the management policies decided by the Board of Directors. Governance functions have been strengthened by separating business execution from business oversight in corporate management and clarifying the functions and responsibilities of directors and executive officers.」
The company reconfirms its governance structure comprising outside officers, the executive officer system and the separation of business execution from oversight. - FY2019RestatedAnnual report
「The company has 7 directors, including 2 outside directors, and 4 Audit & Supervisory Board members, including 2 outside Audit & Supervisory Board members. In addition, an executive officer system has been introduced to improve management efficiency and strengthen business execution based on the management policies decided by the Board of Directors. Governance functions have been strengthened by separating business execution from business oversight in corporate management and clarifying the functions and responsibilities of directors and executive officers.」
The company reiterates its governance structure, including outside officers, the executive officer system and the separation of business execution from oversight, together with specific organisational details. - FY2017RestatedAnnual report
「The Board of Directors decides matters prescribed by laws and regulations, the Articles of Incorporation and matters relating to management, while the directors mutually monitor the execution of duties. In addition, an executive officer system has been introduced to improve management efficiency and strengthen business execution based on the management policies decided by the Board of Directors. Governance functions have been strengthened by separating business execution from business oversight in corporate management and clarifying the functions and responsibilities of directors and executive officers.」
The company specifically explains the strengthening of governance through its Board of Directors and Audit & Supervisory Board structure, outside officers and the separation of business execution from oversight under the executive officer system. - FY2016First statedAnnual report
「To maximise corporate value, we will respond promptly and appropriately to the rapidly changing business environment, further strengthen the current Board of Directors and Audit & Supervisory Board structure, and work to strengthen corporate governance by improving the transparency of management and ensuring thorough compliance with laws and regulations.」
The company's basic governance approach is based on strengthening the Board of Directors and Audit & Supervisory Board structure, improving transparency and ensuring legal compliance.