Governance Structure Based on Outside Officers, the Executive Officer System and Advisory Committees
First written in FY2016. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026.
45 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Sustainability Committee comprises full-time directors and executive officers, full-time Audit & Supervisory Board members, division and department heads, persons responsible for major group companies and other persons nominated by the chair. The Representative Director and President serves as chair, and the committee generally meets twice a year to discuss policies, material issues, targets, initiatives and disclosures related to promoting sustainability throughout the group.」
It specifies the composition of the Sustainability Committee, the structure with the President as chair, meetings held every six months, and discussions of policies, targets, initiatives and disclosures. - 2026-06-02RestatedGeneral Meetings of Shareholders
「We have designated Momose Noriko, Ozawa Makoto, Itagaki Katsumi and Kojima Minako as independent officers in accordance with the rules of the Tokyo Stock Exchange and have notified the Exchange accordingly.」
The company continues its governance structure involving independent officers, including outside directors and outside audit & supervisory board members. - FY2021AdvancedAnnual report
「As part of efforts to strengthen the structure, 2 outside Audit & Supervisory Board members have been designated as independent officers, and 2 outside directors are also independent officers.」
In addition to 2 outside Audit & Supervisory Board members, 2 outside directors have also been designated as independent officers, clarifying the oversight and audit structure involving outside officers. - FY2019ReframedAnnual report
「The company had operated a corporate officer system since 2009, but abolished it effective 31 March 2019. The purpose was to further improve operational efficiency by simplifying and clarifying the organizational hierarchy, including employees, under the appropriate exercise of responsibility and authority by directors responsible for business execution.」
While maintaining a governance structure with outside directors and outside Audit & Supervisory Board members, the company abolished the corporate officer system effective 31 March 2019 and reorganized its structure around the responsibility and authority of directors. - FY2016First statedAnnual report
「To improve management transparency and maintain fair management, the company has established its business execution, audit and oversight functions by appointing outside directors and outside Audit & Supervisory Board members, introducing a corporate officer system and establishing advisory committees, among other measures.」
It describes a governance structure combining outside directors, outside Audit & Supervisory Board members, the corporate officer system, advisory committees, internal audits and Audit & Supervisory Board audits.