Objective oversight and independence of outside directors
First written in FY2016. 3 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 15 of 104 companies on the "Worse" side.
65 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Company has submitted the proposals, as matters for resolution at the Ordinary General Meeting of Shareholders scheduled for 29 June 2026, concerning the election of 3 directors excluding directors who are Audit and Supervisory Committee members and the election of 3 directors who are Audit and Supervisory Committee members. If these resolutions are approved and adopted, the status and terms of office of the Company's officers are expected to be as follows.」
The Company has submitted to the Ordinary General Meeting of Shareholders a proposal to change the current structure of 4 outside directors by adding Kishi Hiroyuki (岸 博幸) as a candidate for Audit and Supervisory Committee member and making all 4 outside directors independent officers. - FY2024RestatedAnnual report
「The Company has notified the Tokyo Stock Exchange that directors Goto Yutaka (後藤 豊), Kathryn H. Connelly, Nagata Tomozumi (永田 友純) and Oki Kazuo (沖 一雄) are independent officers as defined by the Tokyo Stock Exchange.」
The Company has notified the exchange that all 4 outside directors are independent officers and continues its policy of ensuring independence. - FY2023SoftenedAnnual report
「The Company has notified the Tokyo Stock Exchange that directors Goto Yutaka (後藤 豊), Tomizawa Issei (富澤 一誠), Oki Kazuo (沖 一雄) and Kathryn H. Connelly are independent officers as defined by the Tokyo Stock Exchange.」
The Company has notified the exchange that the number of independent officers changed from the previously stated 5 to 4. - FY2022AdvancedAnnual report
「The Company has notified the Tokyo Stock Exchange that directors Goto Yutaka (後藤 豊), Orihara Shinichi (織原 新一), Tomizawa Issei (富澤 一誠), Oki Kazuo (沖 一雄) and Kathryn H. Connelly are independent officers as defined by the Tokyo Stock Exchange.」
The Company has notified the exchange that all 5 outside directors are independent officers, giving concrete form to ensuring independence. - FY2020AdvancedAnnual report
「The Company has notified the exchange that all of its outside directors are independent officers as defined by the exchange.」
The Company has notified the exchange that all 4 outside directors are independent officers, giving concrete form to objective oversight and ensuring independence. - FY2018RestatedAnnual report
「With respect to outside directors, the Company takes into consideration the need to facilitate appropriate decision-making by the Board of Directors and management oversight from diverse perspectives, and as a matter of policy generally does not appoint individuals who are not substantively independent, from the standpoint of ensuring independence.」
The Company continues its policy of ensuring objective oversight and substantive independence through outside directors. - FY2017RestatedAnnual report
「With respect to outside directors, the Company takes into consideration the need to facilitate appropriate decision-making by the Board of Directors and management oversight from diverse perspectives, and as a matter of policy generally does not appoint individuals who are not substantively independent, from the standpoint of ensuring independence.」
The Company continues its policy of ensuring objective oversight and substantive independence through outside directors. - FY2016First statedAnnual report
「With respect to outside directors, the Company takes into consideration the need to facilitate appropriate decision-making by the Board of Directors and management oversight from diverse perspectives, and as a matter of policy generally does not appoint individuals who are not substantively independent, from the standpoint of ensuring independence.」
The Company adopts diverse perspectives, objective oversight and independence as its basic policy for appointing outside directors.