Strengthening Oversight Functions through Outside Officers and the Statutory Auditor System
First written in FY2017. 5 of 8 entries say "Advanced", first in FY2019. Latest entry: 2026-05-26.
90 other companies' latest entry also says "Restated".
- 2026-05-26RestatedGovernance
「Audit and Supervisory Committee」
The Company reproduced an oversight structure in its corporate governance diagram showing cooperation among the Board of Directors, Audit and Supervisory Committee, Internal Audit Office and accounting auditor. - FY2026ReframedAnnual report
「If the proposal is approved, 0 of the 3 directors, excluding directors who are Audit and Supervisory Committee members, will be outside directors, while all 3 of the 3 directors who are Audit and Supervisory Committee members will be outside directors.」
The company plans to change from the current structure, as of the filing date, of 1 outside director and 3 outside directors who are Audit and Supervisory Committee members to a structure after the Annual General Meeting with no outside directors among the 3 directors responsible for business execution and all 3 Audit and Supervisory Committee members serving as outside directors. - 2026-04-17AdvancedChanges in Officers
「Candidates for directors serving as Audit and Supervisory Committee members: Shinsuke Ito, outside director (Audit and Supervisory Committee member), reappointment; Yoshihiro Wakatsuki, outside director (Audit and Supervisory Committee member), reappointment; Junko Sakiyama, outside director, newly appointed」
The Company specified the composition of candidates for outside directors serving as Audit and Supervisory Committee members, including a new candidate and substitute candidates. They are scheduled to take office following approval at the Annual General Meeting of Shareholders, while Hiroshi Maeda is scheduled to retire upon expiration of his term. - FY2025AdvancedAnnual report
「The company’s Board of Directors comprises 7 members: 4 directors, excluding directors who are Audit and Supervisory Committee members, including 1 outside director, and 3 directors who are Audit and Supervisory Committee members, all of whom are outside directors. The Representative Director and President serves as chair.」
The company disclosed a 7-member structure including 1 outside director and 3 Audit and Supervisory Committee members, all of whom are outside directors. The Board of Directors held 13 meetings during the fiscal year, and each director’s attendance rate was 100%. - FY2024AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 27 September 2023, the company established a Nomination and Compensation Committee, an optional advisory body to the Board of Directors, to ensure fairness, transparency and objectivity in the evaluation and decision-making processes relating to the nomination and compensation of directors, excluding directors who are Audit and Supervisory Committee members, and director candidates who are Audit and Supervisory Committee members, and to enhance corporate governance.」
To ensure fairness, transparency and objectivity in the evaluation and decision-making processes relating to nominations and compensation, the company established the Nomination and Compensation Committee on 27 September 2023 and held 6 meetings during the fiscal year. - FY2022AdvancedAnnual report
「Pursuant to a resolution at the 111th Annual General Meeting of Shareholders held on 27 May 2022, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, in order to further strengthen the auditing and supervisory functions of the Board of Directors and enhance governance, while improving the fairness, transparency and efficiency of management through faster decision-making and business execution enabled by the delegation of authority.」
The company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee, and introduced a structure including 4 outside directors who are Audit and Supervisory Committee members and an executive officer system. - FY2019AdvancedAnnual report
「The company has 2 outside directors and 3 outside corporate auditors. Each outside officer attends Board of Directors meetings, supervises and monitors whether the directors are performing their duties properly, and provides advice and information, playing an important role in the company’s corporate governance.」
The company discloses a structure comprising 2 outside directors and 3 outside corporate auditors, and describes the roles of outside officers in supervision, monitoring, advice and information provision. - FY2017First statedAnnual report
「The company has adopted a company with a board of corporate auditors structure. It ensures proper business operations through the functions of the Board of Corporate Auditors, which comprises 3 outside corporate auditors, and through audits conducted jointly by the full-time outside corporate auditor and the Internal Audit Office. It has adopted the current structure because it believes that strengthening the Board of Directors’ supervisory function by appointing outside directors will improve management transparency and ensure effective oversight of management.」
The company explains a structure combining outside corporate auditors, the Internal Audit Office and outside directors to ensure proper business operations and strengthen the Board of Directors’ supervisory function.