Continuous Improvement in Board Effectiveness through Surveys and an Evaluation Advisory Committee
First written in FY2021. 5 of 7 entries say "Advanced", first in FY2022. Latest entry: 2026-07-07.
19 other companies' latest entry also says "Restated".
- 2026-07-07RestatedGovernance
「Personnel and Evaluation Advisory Committee Compensation Advisory Committee」
The Personnel and Evaluation Advisory Committee and the Compensation Advisory Committee were reaffirmed as components of the governance structure linked to the Board of Directors and other bodies. - FY2026AdvancedAnnual report
「② Setting issues based on the survey results. A. Board issues: discussion of corporate value; formulation of a succession development plan; review of board composition; clarification of the role and functions of the holding company; discussion of medium- to long-term strategy.」
For the board effectiveness evaluation, corporate value, medium- to long-term strategy, succession development, board composition and holding company functions were organized as new issues, and the company reached the stage of advancing improvements based on recommendations from the Evaluation Advisory Committee. - 2026-04-30AdvancedGeneral Meetings of Shareholders
「We hold meetings of the Evaluation Advisory Committee, comprising 3 outside directors, including the chair, 1 outside Audit & Supervisory Board member and 1 executive officer. Based on its analysis and evaluation, we are continuously working to improve the effectiveness of the Board of Directors.」
The composition of the Evaluation Advisory Committee and its ongoing improvement activities were presented in connection with the evaluation of the Board of Directors’ effectiveness. - FY2024AdvancedAnnual report
「Evaluation items: 20 questions plus free-form responses; the role and functions of the Board of Directors; board size and composition; board operations; coordination with audit bodies; communication with management; communication with shareholders and investors.」
For the board effectiveness evaluation, 14 people were assessed using 20 questions and free-form responses, and improvement issues were identified, including more active discussion, information exchange between outside directors and operating company executives, and a succession development plan. - FY2023AdvancedAnnual report
「The results of the sixth board effectiveness evaluation conducted in fiscal 2021 confirmed that, overall, the effectiveness of the Board of Directors was ensured. The Evaluation Advisory Committee identified issues including ① succession planning, ② the appropriate form of governance including subsidiaries, and ③ strengthening director diversity and rules for appointing outside directors. By addressing these issues, the Board of Directors will work to further improve its effectiveness and strengthen corporate governance.」
The results of the sixth board effectiveness evaluation and new improvement issues concerning succession planning, subsidiary governance, director diversity and rules for appointing outside directors were presented. - FY2022AdvancedAnnual report
「The results of the fifth board effectiveness evaluation conducted in fiscal 2020 confirmed that, overall, the effectiveness of the Board of Directors was ensured. The issues identified were: ① building a pool of management talent candidates for operating companies, ② responding to the Tokyo Stock Exchange market reforms and revisions to the Corporate Governance Code, under continued review, ③ promoting discussion of management themes other than matters requiring formal board decisions, including ESG, risk management, consumer-oriented initiatives and DX, ④ understanding operating conditions, including establishing opportunities for outside directors and Audit & Supervisory Board members to understand the management conditions and issues of each operating company, and ⑤ communication with individual investors and shareholders, including consideration of further measures. By addressing these issues, we will work to further improve board effectiveness and strengthen corporate governance.」
The results of the fifth board effectiveness evaluation and 5 specific issues were presented, clarifying the improvement themes following the evaluation. - FY2021First statedAnnual report
「To achieve sustainable growth in corporate value, we conduct and analyze a self-assessment questionnaire each March completed by directors and Audit & Supervisory Board members. Based on the results, we identify issues and implement measures to resolve them, thereby enhancing the effectiveness of the Board of Directors. An external organization is used to prepare and collect the questionnaire and conduct part of the analysis, enhancing transparency and ensuring effectiveness. We also convene an Evaluation Advisory Committee comprising 2 outside directors, including the chair, 2 outside Audit & Supervisory Board members and 1 inside director. Based on its analysis and evaluation, we continue working to improve the effectiveness of the Board of Directors.」
The framework for evaluating board effectiveness, combining a self-assessment questionnaire each March, analysis by an external organization and the Evaluation Advisory Committee, was identified as a theme for the first time. The survey method, consisting of 24 questions, free-form responses and a 3-point rating scale, was also described.