Transition to a Company with an Audit & Supervisory Committee
First written in FY2016. 1 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2021.
- FY2021RestatedAnnual report
「The company has operated as a company with an Audit and Supervisory Committee since June 2016.」
The company continues to operate the organizational structure adopted after changing to a company with an Audit and Supervisory Committee. - FY2017AchievedAnnual report
「Pursuant to a resolution at the 15th annual general meeting of shareholders held on 23 June 2016, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee.」
The company has completed the change from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee and operates this structure to strengthen its auditing and oversight functions and enable flexible business execution. - FY2016First statedAnnual report
「Following a resolution at the 15th annual general meeting of shareholders held on 23 June 2016 to amend part of the Articles of Incorporation, principally to change to a company with an Audit and Supervisory Committee established under the Act Partially Amending the Companies Act, which took effect on 1 May 2015 as Act No. 90 of 2014, the company changed from a company with a board of corporate auditors to a company with an Audit and Supervisory Committee effective on that date.」
The company changed to an organizational structure in which Audit and Supervisory Committee members have voting rights at Board of Directors meetings, thereby strengthening its auditing and oversight functions.