Transition to a Governance Structure with Stronger Audit and Oversight Functions
First written in FY2016. 9 of 15 entries say "Advanced", first in FY2016. Latest entry: 2026-07-03.
41 other companies' latest entry also says "Advanced".
- 2026-07-03AdvancedGovernance
「Key skills and experience of the Company’s directors, including directors serving as Audit and Supervisory Committee members (skills matrix)」
The skills and experience of each of the 9 directors in corporate management, global business, real estate, healthcare, textiles, finance and accounting, human resources and labor affairs, legal and risk management, and sustainability were visualized. - FY2026AdvancedAnnual report
「The Company comprises 9 directors: 5 directors excluding directors serving as Audit and Supervisory Committee members, including 2 independent outside directors, and 4 directors serving as Audit and Supervisory Committee members, including 3 independent outside directors.」
The Company operates with 5 of its 9 directors serving as independent outside directors, and holds 19 Board of Directors meetings, 13 Audit and Supervisory Committee meetings and, in principle, one internal audit liaison meeting per month. - FY2024RaisedAnnual report
「The proportion of outside directors shall exceed half in order to fully perform the management oversight function of outside directors.」
The Company stated its policy of having 9 directors, including 5 independent outside directors, with outside directors representing more than half of the board. - FY2023Change in the number of independent outside directorsAnnual report
「The Company has 5 outside directors, all of whom have been designated as independent officers.」
All outside directors have been designated as independent officers, and the number has changed from the 6 stated previously to 5. - FY2022RestatedAnnual report
「The Company has 6 outside directors, all of whom have been reported as independent officers.」
The audit and oversight structure, including 6 independent outside directors, has been reaffirmed. - FY2021AdvancedAnnual report
「The Company has 6 outside directors, all of whom have been reported as independent officers.」
The Company specified a structure with 6 independent outside directors, comprising 6 of its 10 directors. - FY2018RestatedAnnual report
「The Company transitioned to a company with an Audit and Supervisory Committee in June 2016. The reason for adopting this structure was the belief that appointing directors who serve as Audit and Supervisory Committee members and have voting rights would strengthen the Board of Directors' audit and oversight functions and further enhance corporate governance under transparent and agile management.」
The transition to a company with an Audit and Supervisory Committee and a governance structure making use of audit and oversight functions were reaffirmed. - FY2017RestatedAnnual report
「The Company transitioned to a company with an Audit and Supervisory Committee in June 2016 and intends to advance management while making full use of its checking function.」
The transition to a company with an Audit and Supervisory Committee and the policy of using its oversight and checking functions were reaffirmed. - FY2016AdvancedAnnual report
「The Company transitioned to a company with an Audit and Supervisory Committee in June 2016. The reason for adopting this structure was the belief that appointing directors who serve as Audit and Supervisory Committee members and have voting rights would strengthen the Board of Directors' audit and oversight functions and further enhance corporate governance under transparent and agile management.」
The Company introduced a company structure with an Audit and Supervisory Committee, an executive officer system, and meetings of outside officers and advisory committees.