Strengthening Audit and Supervisory Functions and Corporate Governance
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2026.
41 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year under review, the Nomination and Compensation Committee discussed and made recommendations to the Board of Directors on the selection of director candidates and executive compensation, as well as the selection of the chair of the Nomination and Compensation Committee and succession planning.」
For the existing Nomination and Compensation Committee, the Company discloses the selection of the chair and succession planning as specific matters for deliberation, in addition to director candidates and compensation. - 2026-04-14AdvancedM&A and Subsidiary Changes
「By resolution of the SFP Holdings Co.,Ltd. board of directors on 22 January 2026, SFP Holdings Co.,Ltd. designated a special committee comprising its 3 independent outside directors, Nagae Nobuaki (長南 伸明), a certified public accountant at 公認会計士長南伸明事務所, Takami Yukari (髙見 由香里) and Kakita Norihiro (柿田 徳宏), an attorney at けやき総合法律事務所, as an advisory body for the merger, and established a review structure including the engagement of external experts.」
A review structure involving a special committee of independent outside directors, a third-party valuation firm and a law firm was established to address conflicts of interest arising from the merger of the parent and subsidiary. - FY2025The accounting auditor changed to PwC Japan Audit Corporation.Annual report
「At the Annual General Meeting of Shareholders held on 28 May 2025, the Company resolved to appoint the accounting auditor as follows: 28th fiscal year (from 1 March 2024 to 28 February 2025) (consolidated and non-consolidated): Deloitte Touche Tohmatsu LLC; 29th fiscal year (from 1 March 2025 to 28 February 2026) (consolidated and non-consolidated): PwC Japan Audit Corporation.」
The Company resolved that the accounting auditor would change from Deloitte Touche Tohmatsu LLC to PwC Japan Audit Corporation from the fiscal year ending February 2026, citing the long period of continuous auditing and the need for a fresh perspective in connection with the new medium-term management plan. - FY2024RestatedAnnual report
「At the 19th Annual General Meeting of Shareholders held on 27 May 2016, amendments to the Articles of Incorporation providing for the change to a Company with an Audit & Supervisory Committee were approved. Accordingly, the Company changed from a company with a Board of Corporate Auditors to a Company with an Audit & Supervisory Committee effective that date.」
The company continues to maintain a structure for strengthening audit and supervisory functions through its audit and supervisory committee. - FY2022AdvancedAnnual report
「The Company has established a voluntary Nomination and Compensation Committee as an advisory body to the Board of Directors concerning the nomination and compensation of directors. The committee consists of 3 directors selected by the Board of Directors, a majority of whom are independent outside directors.」
In addition to the existing audit and supervisory functions of the Company with an Audit & Supervisory Committee, the Company established a voluntary Nomination and Compensation Committee consisting of 3 members, a majority of whom are independent outside directors. - FY2020RestatedAnnual report
「This is intended to further strengthen the Board of Directors’ audit and supervisory functions and the corporate governance framework by establishing an Audit & Supervisory Committee with a majority of outside directors among its members and granting directors serving as Audit & Supervisory Committee members voting rights at Board of Directors meetings.」
The company continues to maintain a structure for strengthening audit and supervisory functions through its audit and supervisory committee. - FY2019RestatedAnnual report
「This is intended to further strengthen the Board of Directors’ audit and supervisory functions and the corporate governance framework by establishing an Audit & Supervisory Committee with a majority of outside directors among its members and granting directors serving as Audit & Supervisory Committee members voting rights at Board of Directors meetings.」
The Company continues to describe the framework for strengthening its audit and supervisory functions as a Company with an Audit & Supervisory Committee. - FY2017RestatedAnnual report
「This is intended to further strengthen the Board of Directors’ audit and supervisory functions and the corporate governance framework by establishing an Audit & Supervisory Committee with a majority of outside directors among its members and granting directors serving as Audit & Supervisory Committee members voting rights at Board of Directors meetings.」
The Company continues to describe its approach to strengthening its audit and supervisory functions following the change to a Company with an Audit & Supervisory Committee. - FY2016First statedAnnual report
「This is intended to further strengthen the Board of Directors’ audit and supervisory functions and the corporate governance framework by establishing an Audit & Supervisory Committee with a majority of outside directors among its members and granting directors serving as Audit & Supervisory Committee members voting rights at Board of Directors meetings.」
The Company changed from a company with a Board of Corporate Auditors to a Company with an Audit & Supervisory Committee, strengthening its audit and supervisory functions, including those performed by outside directors.