Governance structure involving the board of directors, audit & supervisory board and internal audit office
First written in FY2017. 3 of 14 entries say "Advanced", first in FY2023. Latest entry: 2026-08-10.
29 other companies' latest entry also says "Restated".
- FY2026Board composition and meeting record updatedAnnual report
「The board of directors met a total of 16 times. The attendance record of each director is as set out below under “e. Activities of the Board of Directors.”」
The board of directors met 16 times during the current fiscal year following the introduction of the executive officer system. The total number of directors was 10 at the end of the previous fiscal year, 9 as of the date of submission, and is scheduled to be 7 as of 25 June 2026. There are 2 outside directors and 1 female director. - FY2025Updated the composition and operating record of the board of directorsAnnual report
「As of the end of the previous consolidated fiscal year Total number of directors (Number of female directors) (Number of outside directors) 11 (1) (2) As of the end of the current consolidated fiscal year 10 (1) (2) As of the date of submission of this report 9 (1) (2)」
Following the introduction of the executive officer system, the total number of directors changed from 11 at the end of the previous fiscal year to 10 at the end of the current fiscal year and 9 as of the date of submission. The Company continued to have 2 outside directors and 1 female director. The board of directors met 17 times during the current fiscal year. - FY2024AdvancedAnnual report
「The Company introduced an executive officer system upon the conclusion of the annual general meeting of shareholders held on 23 June 2023 and changed its management structure to strengthen governance by separating management oversight from operational execution while achieving both stronger management and agile operational execution.」
The executive officer system planned in the previous fiscal year entered the implementation stage, and the board of directors changed from 18 to 11 members. The Company disclosed the separation of oversight and operational execution functions together with its operating record: the board of directors met 17 times and the management committee met 23 times. - FY2023AdvancedAnnual report
「Following the conclusion of the annual general meeting of shareholders held on 23 June 2023, the Company adopted an executive officer system. To further strengthen and improve the efficiency of its management structure, it is proceeding with the transition to separate management oversight from operational execution, thereby strengthening the oversight function of the board of directors and establishing an agile operational execution framework.」
The Company disclosed plans to introduce an executive officer system and, following the annual general meeting of shareholders, change the board of directors from 18 to 11 members and the management committee from 10 to 14 members. It is moving forward concretely with the separation of oversight and operational execution functions. - FY2022Updated the composition of the board of directors and the number of outside directorsAnnual report
「The board of directors comprises 18 directors, including 2 outside directors, and is positioned as the body responsible for deciding and supervising the execution of operations, including management policies, matters prescribed by law and other important management matters.」
The board of directors comprises 18 directors, including 2 outside directors, an increase in the number of outside directors from the composition disclosed previously. 2 of the 3 corporate auditors are outside corporate auditors. - FY2021Updated the operating record of the governance frameworkAnnual report
「The board of directors met 15 times, deciding and supervising the execution of operations, including management policies, matters prescribed by law and other important management matters. The management committee met 23 times and worked to ensure efficient execution of operations.」
The number of board meetings increased from 14 in the previous fiscal year to 15, while the management committee continued to meet 23 times. The Company also disclosed coordination with the internal audit department and board of corporate auditors, as well as audit responses to inappropriate disclosure matters. - FY2020Updated the composition and operating record of the governance frameworkAnnual report
「The board of directors comprises 16 directors, including 1 outside director, and is positioned as the body responsible for deciding and supervising the execution of operations, including management policies, matters prescribed by law and other important management matters. The internal audit department, an independent operational audit function reporting directly to the president, audits the execution of operations by each division. The board of directors met 14 times and the management committee met 23 times.」
The board of directors increased from 15 directors in the previous fiscal year to 16, including 1 outside director. The Company disclosed that the board of directors met 14 times, the management committee met 23 times, and the internal audit department conducted audits. - FY2019Updated the composition and operating record of the governance frameworkAnnual report
「The board of directors comprises 15 directors, including 1 outside director, and is positioned as the body responsible for deciding and supervising the execution of operations, including management policies, matters prescribed by law and other important management matters. An internal audit department comprising 2 people has been established reporting directly to the president. The board of directors met 16 times and the management committee met 23 times.」
The board of directors comprises 15 directors, including 1 outside director, and the internal audit department comprises 2 people. The Company also disclosed that the board of directors met 16 times and the management committee met 23 times. - FY2018Updated the composition and operating record of the governance frameworkAnnual report
「The board of directors comprises 18 directors, including 1 outside director, and is positioned as the body responsible for deciding and supervising the execution of operations, including management policies, matters prescribed by law and other important management matters. An internal audit department comprising 3 people has been established reporting directly to the president. The board of directors met 15 times and the management committee met 23 times.」
The number of directors increased from 17 to 18. The Company disclosed operating results for its governance framework, including an internal audit department of 3 people, 15 board meetings and 23 management committee meetings. - FY2017First statedAnnual report
「The Company supervises the execution of operations and conducts audits through the board of directors and the board of corporate auditors. The board of directors comprises 17 directors, including 1 outside director, and is positioned as the body responsible for deciding and supervising the execution of operations, including management policies, matters prescribed by law and other important management matters. The board of corporate auditors comprises 3 corporate auditors, including 2 outside corporate auditors. In addition to attending meetings of the board of directors and management committee, the corporate auditors conduct on-site inspections, observations and reconciliations at each business location to audit the Company as a whole.」
The Company has provided specific disclosure on its oversight and audit framework, combining the board of directors, board of corporate auditors, management committee, internal audit department reporting directly to the president, corporate ethics committee and other bodies.