Transition to a Company with an Audit and Supervisory Committee
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2020.
84 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「As part of this initiative, we have chosen the company-with-an-Audit-and-Supervisory-Committee structure and established an Audit and Supervisory Committee in which outside directors constitute a majority. This is intended to strengthen audit and oversight functions and governance, while enhancing management soundness and efficiency through faster decision-making and business execution enabled by the delegation of authority.」
The company continues to describe its status as a company with an Audit and Supervisory Committee and its oversight framework centered on outside directors. - FY2018RestatedAnnual report
「As part of this initiative, we have chosen the company-with-an-Audit-and-Supervisory-Committee structure and established an Audit and Supervisory Committee in which outside directors constitute a majority. This is intended to strengthen audit and oversight functions and governance, while enhancing management soundness and efficiency through faster decision-making and business execution enabled by the delegation of authority.」
The company continues to describe its status as a company with an Audit and Supervisory Committee and its oversight framework centered on outside directors. - FY2017RestatedAnnual report
「As part of this initiative, we have chosen the company-with-an-Audit-and-Supervisory-Committee structure and established an Audit and Supervisory Committee in which outside directors constitute a majority. This is intended to strengthen audit and oversight functions and governance, while enhancing management soundness and efficiency through faster decision-making and business execution enabled by the delegation of authority.」
The company continues to describe its status as a company with an Audit and Supervisory Committee and its oversight framework centered on outside directors. - FY2016First statedAnnual report
「This transition is intended to strengthen audit and oversight functions and governance, while enhancing management soundness and efficiency through faster decision-making and business execution enabled by the delegation of authority.」
On 24 June 2015, the company changed from a company with a board of statutory auditors to a company with an Audit and Supervisory Committee.