Corporate Governance Balancing Efficiency and Speed with Legality and Transparency
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2024. Latest entry: FY2026.
36 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In May 2025, the company conducted an evaluation of the effectiveness of the Board of Directors with the assistance of an external adviser. The Board evaluated its effectiveness, identified issues, and considered measures to address them, and will work to further improve the Board's effectiveness.」
The company conducted an evaluation of the effectiveness of the Board of Directors with the assistance of an external adviser in May 2025, proceeding through evaluation, issue identification, and consideration of response measures. - FY2025AdvancedAnnual report
「The Company has introduced the following system of executive officers with designated titles in order to separate management decision-making and supervisory functions from business execution, clarify responsibility and authority for business execution, enhance management agility, and strengthen corporate governance.」
In addition to the company with an Audit and Supervisory Committee and the Nominating and Compensation Committee, the company gave concrete form to the separation of supervisory and business execution functions through its system of executive officers with designated titles. - FY2024AdvancedAnnual report
「In May 2024, the company conducted an evaluation of the effectiveness of the Board of Directors with the assistance of an external adviser. The Board evaluated its effectiveness, identified issues, and considered measures to address them, and will work to further improve the Board's effectiveness.」
After transitioning to a company with an Audit and Supervisory Committee, the company conducted an evaluation of the effectiveness of the Board of Directors with the assistance of an external adviser, proceeding through issue identification and consideration of response measures. - FY2023ReframedAnnual report
「The Company transitioned from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, pursuant to a resolution at the 74th Annual General Meeting of Shareholders held on 23 June 2023. The transition was intended to ensure the appropriate functioning of the General Meeting of Shareholders, the Board of Directors, and the Internal Audit Office, strengthen the Board of Directors' supervisory function by including Audit and Supervisory Committee members responsible for auditing directors' execution of duties as members of the Board of Directors, and further strengthen the monitoring system.」
The governance structure changed from the former company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee, strengthening the Board of Directors' supervisory function and monitoring system. - FY2018RestatedAnnual report
「While maintaining this basic policy, the company is working to improve the efficiency and speed of management overall in order to promote business development and enhance corporate value. It is also developing a management structure that ensures the legality, appropriateness, and transparency of management decision-making and execution, while working to further strengthen internal systems for monitoring and correcting these matters.」
The company has reaffirmed its corporate governance policy of balancing efficiency and speed with legality, appropriateness, and transparency. - FY2016First statedAnnual report
「To promote business development and enhance corporate value, the company is working to improve the efficiency and speed of management overall, while developing a management structure that ensures the legality, appropriateness, and transparency of management decision-making and execution. It is also working to further strengthen internal systems for monitoring and correcting these matters.」
The company describes the purpose of its governance structure, which combines the Board of Directors, Audit & Supervisory Board, Internal Audit Office, and Management Committee.