Oversight Structure Involving Outside Officers, Internal Audit and the Audit & Supervisory Board
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: FY2024.
33 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company has adopted a company-with-an-Audit-and-Supervisory-Committee structure to strengthen the Board of Directors' audit and oversight functions, accelerate decision-making on the execution of duties and further enhance its corporate governance framework.」
The oversight and control framework comprising a company with an Audit and Supervisory Committee, the Internal Audit Office and the Compliance Committee continues. - FY2023RestatedAnnual report
「The Company has adopted a company-with-an-Audit-and-Supervisory-Committee structure to strengthen the Board of Directors' audit and oversight functions, accelerate decision-making on the execution of duties and further enhance its corporate governance framework.」
The oversight and control framework comprising a company with an Audit and Supervisory Committee, the Internal Audit Office and the Compliance Committee continues. - FY2021ReframedAnnual report
「At the Ordinary General Meeting of Shareholders held on 27 January 2022, amendments to the Articles of Incorporation for purposes including transitioning to a company with an Audit and Supervisory Committee were approved. Accordingly, effective on that date, the Company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee.」
The governance structure changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, and was reorganized to strengthen the Board of Directors' audit and oversight functions and accelerate decision-making. - FY2020RestatedAnnual report
「To ensure accurate decision-making by the Board of Directors and appropriate monitoring and oversight of directors' execution of their duties, the Company has appointed 2 outside directors, both of whom are independent officers, and 3 outside corporate auditors, 1 of whom is an independent officer.」
The oversight and control framework comprising outside directors and outside corporate auditors, the Board of Corporate Auditors, the Internal Audit Office and the Compliance Committee continues to be disclosed. - FY2019First statedAnnual report
「To ensure accurate decision-making by the Board of Directors and appropriate monitoring and oversight of directors' execution of their duties, the Company has appointed 2 outside directors, both of whom are independent officers, and 3 outside corporate auditors, 1 of whom is an independent officer.」
The Company separately discloses an oversight and control framework comprising the Board of Corporate Auditors system, outside directors and outside corporate auditors, the Internal Audit Office, the Compliance Committee and an internal whistleblowing system.