Enhancing Transparency, Clarifying Accountability, Accelerating Decision-Making, and Strengthening Oversight
First written in FY2016. 5 of 10 entries say "Restated". Latest entry: FY2026.
24 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Board of Directors met 10 times during the fiscal year, engaging in active discussions on management policies and issues, including short- and medium-term management plans, major investment projects, sustainability and efforts to address important social issues. Board members contributed comments from a broad and high-level perspective, drawing on their extensive experience and wide-ranging knowledge.」
The Board of Directors deliberated on short- and medium-term plans, major investments and sustainability, among other matters, and conducted an effectiveness evaluation of the Board, including its outside directors. - FY2025AdvancedAnnual report
「If this proposal is approved and adopted, the Board of Directors will comprise 13 members, including 7 outside directors. Outside directors will constitute a majority, and the composition will also reflect considerations of diversity.」
At the Annual General Meeting of Shareholders scheduled for 24 June 2025, the Company proposed a board composition of 13 directors, including 7 outside directors, resulting in a majority of outside directors. - FY2022RestatedAnnual report
「The Company has adopted the organizational structure of a company with an Audit & Supervisory Board and has worked to improve and strengthen its corporate governance structure. In March 2001, it introduced an executive officer system and delegated authority for the execution of business operations to the executive officers, thereby clarifying management accountability and accelerating decision-making and business execution.」
The Company reconfirmed its policy of combining the delegation of authority to executive officers, outside directors, a Nomination and Compensation Committee, and Audit & Supervisory Board Members. - FY2019RestatedAnnual report
「We believe that, by making effective use of the functions of the Audit & Supervisory Board Members, we can improve management transparency, clarify management accountability, enable speedy decision-making, and strengthen management oversight and supervision, and we have adopted the current structure for these reasons.」
The policy of combining an executive officer system, outside directors, a Nomination and Compensation Committee, and Audit & Supervisory Board Members was reconfirmed. - FY2017RestatedAnnual report
「The Company has introduced an executive officer system, established decision-making guidelines, and delegated authority for the execution of business operations from the Board of Directors to the executive officers.」
The Company reconfirmed its policy of combining an executive officer system, delegated authority, outside directors, a Nomination and Compensation Committee, and Audit & Supervisory Board Members to enhance transparency, clarify accountability, accelerate decision-making, and strengthen oversight. - FY2016First statedAnnual report
「Together with the measures described above, we believe that strengthening the supervisory function over management while making effective use of the functions of the Audit & Supervisory Board Members will improve management transparency, clarify management accountability, enable speedy decision-making, and strengthen management oversight, and we have adopted the current structure for these reasons.」
A governance policy combining an executive officer system, outside directors, a Nomination and Compensation Committee, and Audit & Supervisory Board Members.