Management Oversight by the Audit & Supervisory Board and Outside Directors
First written in FY2017. 3 of 8 entries say "Restated". Latest entry: 2026-06-04.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- 2026-06-04ReframedGovernance
「Audit & Supervisory Board Council」
The diagram identifies the body responsible for auditing and reporting as the “Audit & Supervisory Board Council,” rather than the Audit & Supervisory Board referred to in previous disclosures. - FY2026Six Directors, Including 2 Outside DirectorsAnnual report
「The Company is a company with a board of corporate auditors and has appointed 6 directors, including 2 outside directors, and 3 corporate auditors, including 2 outside corporate auditors.」
The number of directors increased from 5 in the previous disclosure to 6, resulting in a monitoring structure that includes 2 outside directors and 2 outside corporate auditors. - FY2024Decrease in the number of directors and increase in the proportion of outside directorsAnnual report
「The Company is a company with a board of corporate auditors and has appointed 5 directors, including 2 outside directors, and 3 corporate auditors, including 2 outside corporate auditors.」
The number of directors decreased from 6 in the previous disclosure to 5, while the number of outside directors was maintained at 2. The Company continues to have 3 corporate auditors, including 2 outside corporate auditors. - FY2023AdvancedAnnual report
「The Company is a company with a board of corporate auditors and has appointed 6 directors, including 2 outside directors, and 3 corporate auditors, including 2 outside corporate auditors.」
The disclosed structure comprises 6 directors, including 2 outside directors, and 3 corporate auditors, including 2 outside corporate auditors, expanding the oversight structure, including outside officers, from the previous structure. - FY2020RestatedAnnual report
「The Company is a company with a board of corporate auditors and has appointed 4 directors, including 1 outside director, and 3 corporate auditors, including 2 outside corporate auditors.」
As a company with a board of corporate auditors, the Company continues to maintain an oversight and monitoring structure through its board of directors and board of corporate auditors, including 1 outside director and 2 outside corporate auditors. - FY2019RestatedAnnual report
「The company has adopted a statutory auditor system, under which the Board of Directors and the Board of Statutory Auditors supervise and monitor the execution of business operations.」
Monitoring of management by the Board of Statutory Auditors, the Board of Directors and outside statutory auditors continues. - FY2018RestatedAnnual report
「The company has adopted a statutory auditor system, under which the Board of Directors and the Board of Statutory Auditors supervise and monitor the execution of business operations.」
Monitoring of management by the Board of Statutory Auditors, the Board of Directors and outside statutory auditors continues. - FY2017First statedAnnual report
「The company has adopted a statutory auditor system, under which the Board of Directors and the Board of Statutory Auditors supervise and monitor the execution of business operations.」
The statutory auditor system, monthly meetings of the Board of Directors and Board of Statutory Auditors, and enhanced auditing functions through multiple outside statutory auditors are described as the basic corporate governance framework.