Three-Way Audit and Oversight by Outside Directors and Officers
First written in FY2016. 5 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 25 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Update on Audit and Supervisory Committee activitiesAnnual report
「During the fiscal year, the Company held 14 meetings of the Audit and Supervisory Committee. Attendance by each director serving as an Audit and Supervisory Committee member was as follows.」
Disclosed that the Audit and Supervisory Committee held 14 meetings during the fiscal year, all 4 Audit and Supervisory Committee members attended every meeting, and the Company coordinated with the Internal Control Office and accounting auditor. - 2026-06-10AdvancedGovernance
「The candidate has extensive experience and knowledge as an executive or manager of diverse companies and is expected to fulfill the duties of an outside director by making recommendations and providing advice from an independent and objective standpoint. Accordingly, the candidate has been newly nominated as a candidate for outside director.」
In connection with the proposal to elect outside directors at the annual shareholders' meeting scheduled for 26 June 2026, the company reported the composition of its independent officers, including a new candidate. This is recorded as the specific implementation of a supervisory structure involving outside directors at a company with an audit and supervisory committee. - FY2025-H1RestatedAnnual report
「Accordingly, following a resolution to amend the Articles of Incorporation at the General Meeting of Shareholders held on 27 June 2024, the Company transitioned from a company with an Audit and Supervisory Board to a company with an Audit and Supervisory Committee, and the Board of Directors resolved at its meeting held the same day that the Representative Directors would change. This enables the flexible delegation of authority for business execution from the Board of Directors to directors, which is expected to make decision-making in business execution more agile and expeditious, and the Company will strive to further enhance corporate value.」
Reconfirmed the transition to a company with an Audit and Supervisory Committee, the change in Representative Directors, and the increased agility of decision-making through delegation of authority to directors. - FY2024ReframedAnnual report
「The Company transitioned to a company with an Audit and Supervisory Committee pursuant to a resolution at the 23rd Annual General Meeting of Shareholders held on 27 June 2024. By strengthening the Board of Directors’ deliberation of key matters, including policies and strategy formulation, and its oversight of business execution, the Company will further strengthen and enhance corporate governance.」
Transitioned from the previous structure based on an Audit and Supervisory Board to a company with an Audit and Supervisory Committee. The Company has stated that it will strengthen the Board of Directors’ deliberation of key matters and oversight of business execution. - FY2023Update on Audit and Supervisory Board activitiesAnnual report
「During the fiscal year, the Audit and Supervisory Board conducted audits with 3 members, including 2 outside Audit and Supervisory Board members.」
Disclosed that the Audit and Supervisory Board operated with 3 members, including 2 outside members, held 9 meetings, and coordinated with the Internal Audit Office and accounting auditor. - FY2023-Q2Appointment of an alternate Audit and Supervisory Board memberAnnual report
「Audit and Supervisory Board member Nakai Kenji (中井 憲治) 3 July 2022 (retirement due to death) Audit and Supervisory Board member Okinaka Takashi (沖中 隆志) 6 July 2022 Outside Audit and Supervisory Board member of the Company (incumbent)」
After an Audit and Supervisory Board member retired due to death, Okinaka Takashi (沖中 隆志), who had been an alternate Audit and Supervisory Board member, was appointed as an outside Audit and Supervisory Board member effective 6 July 2022. - FY2021RestatedAnnual report
「The Audit and Supervisory Board conducts rigorous audits of decision-making by the Board of Directors and the execution of duties by directors, and shares information with the internal audit department through liaison meetings and other means.」
Reconfirmed the audit structure based on information sharing and coordination among the Audit and Supervisory Board, internal audit department, and accounting auditor. - FY2020RestatedAnnual report
「The Audit and Supervisory Board conducts rigorous audits of decision-making by the Board of Directors and the execution of duties by directors, and shares information with the internal audit department through liaison meetings and other means.」
Reconfirmed the audit and oversight structure based on coordination among the Audit and Supervisory Board, internal audit, and the accounting auditor. - FY2018RestatedAnnual report
「We conduct three types of audits: internal audits, audits by Audit and Supervisory Board members, and audits by the accounting auditor.」
Reconfirmed the three-pronged audit structure combining internal audits, Audit and Supervisory Board audits, and audits by the accounting auditor. - FY2017RestatedAnnual report
「We conduct three types of audits: internal audits, audits by Audit and Supervisory Board members, and audits by the accounting auditor.」
Reconfirmed the audit structure combining internal audits, Audit and Supervisory Board audits, and audits by the accounting auditor. - FY2016First statedAnnual report
「We conduct three types of audits: internal audits, audits by Audit and Supervisory Board members, and audits by the accounting auditor.」
Ensuring audit functions through coordination among internal audit, Audit and Supervisory Board audits, and audits by the accounting auditor.