Strengthening oversight and decision-making through outside officers and the executive officer system
First written in FY2016. 3 of 10 entries say "Restated". Latest entry: FY2026.
4 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「The Company also has an Audit & Supervisory Board, 3 of whose 4 members are outside Audit & Supervisory Board members. Highly independent outside Audit & Supervisory Board members audit the execution of duties by the directors, thereby strengthening management monitoring.」
The previously planned transition to a 4-member Audit & Supervisory Board has been completed, and the current structure is described as having 3 outside Audit & Supervisory Board members out of 4. The 8-member Board of Directors, 2 outside directors and the executive officer system have also continued. - 2026-05-29AdvancedGeneral Meetings of Shareholders
「The terms of office of all 8 directors will expire upon the conclusion of this General Meeting of Shareholders. Accordingly, to strengthen the management structure, we are asking shareholders to elect 9 directors, an increase of 1 director.」
Presents a proposal to increase the number of directors from 8 to 9, including plans to change the oversight and decision-making structure by appointing Hiroshi Kanaya, an outside audit and supervisory board member, as a candidate for outside director. - FY2025Planned transition to a 4-member Audit & Supervisory BoardAnnual report
「If this proposal is approved, the Company will have 8 directors, including 2 outside directors, and 4 Audit & Supervisory Board members, including 3 outside Audit & Supervisory Board members.」
While maintaining an 8-member Board of Directors with 2 outside directors, the Company plans to increase the number of Audit & Supervisory Board members from 3 to 4 after the annual general meeting of shareholders. - FY2023The Board of Directors has changed to an 8-member structure.Annual report
「The Company's Board of Directors comprises 2 highly independent outside directors out of 8 directors, bringing diverse perspectives into management and strengthening management oversight.」
While maintaining 2 outside directors, the Board of Directors has increased from the previous 7 members to 8. The executive officer system and the structure with 3 outside Audit & Supervisory Board members have also continued. - FY2022Change in board compositionAnnual report
「The Company's Board of Directors comprises 2 highly independent outside directors out of 7 directors, bringing diverse perspectives into management and strengthening management oversight.」
While maintaining 2 outside directors, the Board of Directors has decreased from the 8 members reported previously to 7. - FY2021Change in board compositionAnnual report
「The Company's Board of Directors comprises 2 highly independent outside directors out of 8 directors, bringing diverse perspectives into management and strengthening management oversight. The Company also has an Audit & Supervisory Board, all 3 of whose members are outside Audit & Supervisory Board members. Highly independent outside Audit & Supervisory Board members audit the execution of duties by the directors, thereby strengthening management monitoring.」
While maintaining 2 outside directors and 3 outside Audit & Supervisory Board members, the Board of Directors has increased from the 7 members reported previously to 8. - FY2019RestatedAnnual report
「The Company's Board of Directors comprises 2 highly independent outside directors out of 7 directors, bringing diverse perspectives into management and strengthening management oversight. The Company also has an Audit & Supervisory Board, all 3 of whose members are outside Audit & Supervisory Board members. Highly independent outside Audit & Supervisory Board members audit the execution of duties by the directors, thereby strengthening management monitoring. The Company has also introduced an executive officer system. By separating the functions of formulating management strategy and executing operations, it has established a structure that allows directors to focus on management and oversight, while accelerating decision-making through the delegation of authority and promoting dynamic organizational management.」
The Company continues to cite oversight, monitoring and faster decision-making through outside directors, outside Audit & Supervisory Board members and an executive officer system. - FY2018RestatedAnnual report
「The Company's Board of Directors comprises 2 highly independent outside directors out of 7 directors, bringing diverse perspectives into management and strengthening management oversight.」
The Company continues to use outside directors and outside Audit & Supervisory Board members for oversight and monitoring, and an executive officer system to accelerate decision-making. - FY2017RestatedAnnual report
「The Company's Board of Directors comprises 2 highly independent outside directors out of 8 directors, bringing diverse perspectives into management and strengthening management oversight. The Company also has an Audit & Supervisory Board, 3 of whose 4 members are outside Audit & Supervisory Board members. Highly independent outside Audit & Supervisory Board members audit the execution of duties by the directors, thereby strengthening management monitoring.」
The Company continues to use outside directors, outside Audit & Supervisory Board members and an executive officer system for oversight, monitoring and faster decision-making. - FY2016First statedAnnual report
「Of the 8 directors, 2 are highly independent outside directors, bringing diverse perspectives into management and strengthening management oversight. The Company has also introduced an executive officer system. By separating the functions of formulating management strategy and executing operations, it has established a structure that allows directors to focus on management and oversight, while accelerating decision-making through the delegation of authority and promoting dynamic organizational management.」
The Company combines outside directors, outside Audit & Supervisory Board members and an executive officer system to strengthen oversight and accelerate decision-making.