Strengthening Oversight Functions Through Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2018. 1 of 6 entries say "Advanced", first in FY2022. Latest entry: FY2025.
The whole theme swung hardest in 2023: 14 of 104 companies on the "Worse" side.
32 other companies' latest entry also says "Other".
- FY2025Change in the number of Board membersAnnual report
「The Board of Directors comprises 12 directors and serves as the decision-making body for important matters such as management strategy and plans, as well as the body that supervises the execution of directors' duties. By appointing 4 independent outside directors, the company is further strengthening its management oversight function.」
The composition of the Board of Directors has changed from 11 directors, including 4 independent outside directors, in the previous fiscal year to 12 directors, including 4 independent outside directors. - FY2024RestatedAnnual report
「The Board of Directors comprises 11 directors and serves as the decision-making body for important matters such as management strategy and plans, as well as the body that supervises the execution of directors' duties. By appointing 4 independent outside directors, the company is further strengthening its management oversight function.」
The company maintains a structure in which 4 of its 11 directors are independent outside directors. - FY2023RaisedAnnual report
「The Board of Directors comprises 11 directors and serves as the decision-making body for important matters such as management strategy and plans, as well as the body that supervises the execution of directors' duties. By appointing 4 independent outside directors, the company is further strengthening its management oversight function.」
The Board remains composed of 11 directors, while the number of independent outside directors has increased from 3 to 4. - FY2022AdvancedAnnual report
「The Board of Directors comprises 11 directors and serves as the decision-making body for important matters such as management strategy and plans, as well as the body that supervises the execution of directors' duties. By appointing 3 independent outside directors, the company is further strengthening its management oversight function.」
The Board of Directors has changed from 12 directors, including 2 independent outside directors, to 11 directors, including 3 independent outside directors. - FY2019Change in the number of Board membersAnnual report
「The Board of Directors comprises 12 directors, including 2 highly independent outside directors, further strengthening its management oversight function.」
The number of Board members has changed from 11 as previously disclosed to 12, while the number of highly independent outside directors remains 2. - FY2018First statedAnnual report
「The Board of Directors comprises 11 directors, including 2 highly independent outside directors, further strengthening its management oversight function.」
Of the 11 directors, 2 are highly independent outside directors, and the company presents a framework for strengthening management oversight, including through outside Audit & Supervisory Board members.