Transition to a Company with an Audit and Supervisory Committee and Orientation Toward a Monitoring-Style Board of Directors
First written in FY2021. 4 of 7 entries say "Restated". Latest entry: 2026-04-22.
41 other companies' latest entry also says "Advanced".
- 2026-04-22AdvancedGeneral Meetings of Shareholders
「The company is also pursuing initiatives to transition to a monitoring-style board of directors that emphasizes oversight functions.」
The company newly reviewed the board skills matrix in light of VISION2028’s execution and explicitly stated its efforts to transition to a monitoring-style board of directors. - FY2025RestatedAnnual report
「The company has adopted the company-with-an-Audit-and-Supervisory-Committee structure and has established the following bodies as part of its corporate governance system.」
As a company with an Audit and Supervisory Committee, the company continues to maintain a governance structure incorporating supervisory and audit functions. - FY2023RestatedAnnual report
「The company has adopted the company-with-an-Audit-and-Supervisory-Committee structure and has established the following bodies as part of its corporate governance system.」
As a company with an Audit and Supervisory Committee, the company continues to maintain a structure aimed at separating oversight from execution and strengthening audit functions. - FY2023-Q3RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by the Company during the nine-month period ended September 30.」
The Company states that there were no material changes during the quarter in its management policies, management strategies or other matters following the change to a company with an audit and supervisory committee. - FY2023-Q1RestatedAnnual report
「There were no material changes to our management policies or management strategies during the first quarter cumulative period.」
It states that there were no material changes during the quarter in the governance and management structure following the transition to a company with an audit and supervisory committee. - FY2022AdvancedAnnual report
「The Audit and Supervisory Committee consists of 3 directors who are Audit and Supervisory Committee members, all 3 of whom are outside directors. As a body responsible for auditing the execution of directors’ duties and preparing audit reports, among other functions, it meets at least once a month. It also holds regular meetings with the Representative Director and President to express opinions and exchange information on important audit-related issues.」
After the transition to a company with an Audit and Supervisory Committee, the Audit and Supervisory Committee, comprising 3 outside directors, has met at least once a month, establishing specific procedures for audits and information sharing. - FY2021First statedAnnual report
「The company transitioned from a company with an audit and supervisory board to a company with an audit and supervisory committee, based on a resolution passed at the 46th Annual General Meeting of Shareholders held on 15 May 2021. (a) The company intends to separate management oversight from business execution in the future, pursue a so-called monitoring-model board of directors, and strengthen management oversight.」
The company has transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, and for the first time stated that it aims to separate oversight from business execution in the future and adopt a monitoring-oriented board of directors.