Criteria for Determining the Independence of Independent Outside Directors
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 3 of 28 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「In selecting independent outside directors, the company requires that they satisfy the independence criteria established by the Tokyo Stock Exchange and possess extensive experience and deep expertise in corporate management or their respective fields of specialization, as well as being individuals expected to provide appropriate guidance and contribute to decision-making by the company's Board of Directors.」
The policy of using experience and expertise in corporate management and specialized fields as selection criteria, in addition to the Tokyo Stock Exchange's independence criteria, remains in place. - FY2022RestatedAnnual report
「In selecting independent outside directors, the company requires that they satisfy the independence criteria established by the Tokyo Stock Exchange and possess extensive experience and deep expertise in corporate management or their respective fields of specialization, as well as being individuals expected to provide appropriate guidance and contribute to decision-making by the company's Board of Directors.」
The policy of using experience and expertise in corporate management and specialized fields as selection criteria, in addition to the Tokyo Stock Exchange's independence criteria, remains in place. - FY2021First statedAnnual report
「In selecting independent outside directors, the company requires that they satisfy the independence criteria established by the Tokyo Stock Exchange and possess extensive experience and deep expertise in corporate management or their respective fields of specialization, as well as being individuals expected to provide appropriate guidance and contribute to decision-making by the company's Board of Directors.」
In addition to the Tokyo Stock Exchange's independence criteria, the company disclosed for the first time that experience and expertise in corporate management and specialized fields are used as selection criteria.