Objective Oversight by Outside Directors and Outside Corporate Auditors
First written in FY2016. 2 of 8 entries say "Advanced", first in FY2017. Latest entry: FY2025.
The whole theme swung hardest in 2023: 13 of 105 companies on the "Worse" side.
2 other companies' latest entry also says "Raised".
- FY2025RaisedAnnual report
「The Group has maintained a governance structure in which independent outside directors constitute a majority of the Board of Directors, while holding multifaceted discussions among members with diverse expertise and ensuring effective governance discipline from a shareholder perspective by appointing founding members, who are major shareholders, as directors.」
The Company continues to maintain a structure in which independent outside directors constitute a majority of the Board of Directors and plans to increase the number of outside directors from the current 4 to 5, subject to approval at the Annual General Meeting of Shareholders. - FY2024AchievedAnnual report
「As independent outside directors constitute a majority of the Board of Directors, the Company resolved at a Board of Directors meeting held in February 2024 to abolish the Nomination and Compensation Committee.」
The Company states that it has established a governance structure in which independent outside directors constitute a majority of the Board of Directors. - FY2023RaisedAnnual report
「The Group will establish a governance structure in which independent outside directors constitute a majority of the Board of Directors, enabling effective oversight from an independent standpoint and fair decision-making that also places importance on the interests of minority shareholders.」
In addition to its existing policy of emphasizing external oversight, the Company set a specific governance objective of having independent outside directors constitute a majority of the Board of Directors. - FY2021AdvancedAnnual report
「The Company has appointed 4 outside directors, comprising 2 directors who are not Audit & Supervisory Committee Members and 2 directors who are Audit & Supervisory Committee Members.」
In connection with the transition to a company with an Audit & Supervisory Committee, the Company moved to a structure in which 4 outside directors are appointed as 2 directors who are not Audit & Supervisory Committee Members and 2 Audit & Supervisory Committee Members. - FY2019RestatedAnnual report
「Because the Company considers objective and neutral external oversight of management important to corporate governance, it has appointed 2 outside directors and 2 outside Audit & Supervisory Board Members.」
The Company continues to maintain an objective and neutral external oversight framework comprising 2 outside directors and 2 outside Audit & Supervisory Board Members. - FY2018RestatedAnnual report
「Because the Company considers objective and neutral external oversight of management important to corporate governance, it has appointed 2 outside directors and 2 outside Audit & Supervisory Board Members.」
The Company continues to maintain an objective and neutral external oversight framework comprising 2 outside directors and 2 outside Audit & Supervisory Board Members. - FY2017AdvancedAnnual report
「Because the Company considers objective and neutral external oversight of management important to corporate governance, it has appointed 2 outside directors and 2 outside Audit & Supervisory Board Members.」
The number of outside directors changed from 1 to 2, creating an external oversight framework together with 2 outside Audit & Supervisory Board Members. - FY2016First statedAnnual report
「Because the Company considers objective and neutral external oversight of management important to corporate governance, it has appointed 1 outside director and 2 outside Audit & Supervisory Board Members.」
The Company places importance on objective and neutral external oversight and has appointed outside directors and outside Audit & Supervisory Board Members.