Objective Oversight by Outside Directors and Corporate Auditors
First written in FY2016. 2 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2025.
The whole theme swung hardest in 2023: 14 of 103 companies on the "Worse" side.
69 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As of the date of submission of this document, 5 of the Company's officers, representing half of the total, are outside officers, of whom 4, representing a majority, have been registered with the Tokyo Stock Exchange as independent officers.」
The company continues its objective and neutral oversight structure comprising 5 outside officers and 4 independent officers. - FY2021AdvancedAnnual report
「As of the date of submission of this document, 5 of the Company's officers, representing half of the total, are outside officers, of whom 4, representing a majority, have been registered with the Tokyo Stock Exchange as independent officers.」
The structure of 5 outside officers has been maintained, while the number of independent officers increased from the previous 3 to 4. - FY2020RestatedAnnual report
「As of the date of submission of this document, 5 of the Company's officers, representing half of the total, are outside officers, of whom 3, representing a majority, have been registered with the Tokyo Stock Exchange as independent officers.」
The company continues its objective and neutral oversight structure comprising 5 outside officers and 3 independent officers. - FY2019AdvancedAnnual report
「As of the date of submission of this document, 5 of the Company's officers, representing half of the total, are outside officers, of whom 3, representing a majority, have been registered with the Tokyo Stock Exchange as independent officers.」
The company specifically describes an objective oversight structure comprising 2 outside directors and 3 outside corporate auditors, with 5 outside officers, including 3 independent officers. - FY2016First statedAnnual report
「The Company has 2 outside directors and 3 outside corporate auditors. The outside directors and outside corporate auditors attend board meetings and other such meetings, and provide advice and recommendations from an objective standpoint based on their extensive experience, knowledge and expertise to ensure the validity and appropriateness of decision-making.」
The company has set out a policy of overseeing decision-making objectively through 2 outside directors and 3 outside corporate auditors.