Transition to a company with an audit and supervisory committee
First written in FY2019. 4 of 5 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee, with outside directors constituting a majority, and established an oversight system centered on the Board of Directors' supervision of business execution and the audit and supervisory committee's audit and supervisory functions.」
The company continues to operate the audit and oversight framework established after the transition to a company with an Audit and Supervisory Committee. - FY2022RestatedAnnual report
「The company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee, with outside directors constituting a majority, and established an oversight system centered on the Board of Directors' supervision of business execution and the audit and supervisory committee's audit and supervisory functions.」
The company continues the structure established following its transition to a company with an audit and supervisory committee and its audit and supervisory functions, including 4 outside directors. - FY2021RestatedAnnual report
「From 26 June 2019, to further strengthen its corporate governance structure, improve the soundness and efficiency of management, and accelerate decision-making, the company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee comprising a majority of outside directors. It has established an oversight structure centered on supervision of business execution by the Board of Directors and auditing and supervision by the Audit and Supervisory Committee.」
The company continues the structure established following its transition to a company with an audit and supervisory committee, including audit and supervisory functions involving outside directors. - FY2020RestatedAnnual report
「From 26 June 2019, to further strengthen its corporate governance structure, improve the soundness and efficiency of management, and accelerate decision-making, the company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee comprising a majority of outside directors. It has established an oversight structure centered on supervision of business execution by the Board of Directors and auditing and supervision by the Audit and Supervisory Committee.」
Under the structure following the transition to a company with an audit and supervisory committee, the company continues to maintain an oversight system in which 3 of the 4 audit and supervisory committee members are outside directors. - FY2019First statedAnnual report
「From 26 June 2019, to further strengthen its corporate governance structure, improve the soundness and efficiency of management, and accelerate decision-making, the company changed from a company with an Audit & Supervisory Board to a company with an Audit and Supervisory Committee comprising a majority of outside directors. It has established an oversight structure centered on supervision of business execution by the Board of Directors and auditing and supervision by the Audit and Supervisory Committee.」
On 26 June 2019, the company changed from a company with a board of corporate auditors to a company with an audit and supervisory committee, establishing an audit and supervisory committee in which outside directors constituted a majority.