Enhancing Management Transparency and Decision-Making Speed through the Audit & Supervisory Committee System
First written in FY2016. 4 of 11 entries say "Restated". Latest entry: FY2026.
9 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「As of 16 October 2026, the date of submission of the annual securities report, the board of directors comprises 12 directors other than directors serving on the audit and supervisory committee and 3 directors serving on the audit and supervisory committee, for a total of 15 directors.」
It discloses the actual board composition as of the submission date, reflecting the expansion plan announced in the previous fiscal year to a 15-member board including 6 independent outside directors. - FY2025AdvancedAnnual report
「If each proposal is approved as originally proposed, the board of directors will comprise 15 directors, including 6 independent outside directors.」
Subject to approval of the proposals at the annual general meeting of shareholders, it has specified plans to expand the board of directors from 14 to 15 members and the number of independent outside directors from 5 to 6. - FY2023AdvancedAnnual report
「During the fiscal year, the company generally held board meetings once a month, and attendance at each board meeting was as follows.」
The 14-member board of directors held 13 meetings during the fiscal year and, with a framework including 5 independent outside directors, specifically considered financial results, monthly earnings, the medium-term management plan, sustainability, and other matters. - FY2022RestatedAnnual report
「The company has adopted the audit and supervisory committee company system and, as part of its corporate governance framework, has established a board of directors as the decision-making body for management and an audit and supervisory committee as the body responsible for auditing management. The board of directors comprises 11 directors other than directors serving on the audit and supervisory committee and 3 directors serving on the audit and supervisory committee, for a total of 14 directors, and holds a regular meeting once a month.」
It continues the audit and supervisory committee company system, a 14-member board of directors, monthly board meetings, and a monitoring framework involving 5 outside directors. - FY2021AdvancedAnnual report
「The board of directors comprises 11 directors other than directors serving on the audit and supervisory committee and 3 directors serving on the audit and supervisory committee, for a total of 14 directors. It holds a regular meeting once a month to determine basic management policies, matters prescribed by law, and other important management matters, and is positioned as the body that supervises, through the representative directors, the executive functions of the Managers' Meeting, which is responsible for business execution.」
It has specified a framework comprising a 14-member board of directors, oversight by 5 outside directors, monthly board meetings, and the Managers' Meeting and monthly reporting meetings to improve transparency and speed. - FY2019RestatedAnnual report
「The company has adopted the audit and supervisory committee company system and, as part of its corporate governance framework, has established a board of directors as the decision-making body for management and an audit and supervisory committee as the body responsible for auditing management.」
It continues the supervisory framework comprising the audit and supervisory committee company system, the board of directors, the audit and supervisory committee, and outside directors. - FY2018RestatedAnnual report
「The board of directors holds a regular meeting once a month to determine basic management policies, matters prescribed by law, and other important management matters, and is positioned as the body that supervises, through the representative directors, the executive functions of the Managers' Meeting, which is responsible for business execution.」
It continues the governance policy based on the audit and supervisory committee system and provides details of a framework including monthly board meetings, supervision of the Managers' Meeting, and audits by the audit and supervisory committee. - FY2017RestatedAnnual report
「The company has adopted the audit and supervisory committee system and, as part of its corporate governance framework, has established a board of directors as the decision-making body for management and an audit and supervisory committee as the body responsible for auditing management.」
It continues to pursue a policy of improving management transparency and speed through the audit and supervisory committee system, the board of directors, and a supervisory framework including outside directors. - FY2016First statedAnnual report
「The company recognizes that management transparency and speed are important factors in continuously increasing corporate value. It has adopted the audit and supervisory committee system. Currently, 2 of the 3 directors serving on the audit and supervisory committee are outside directors, and they monitor management transparency and fairness.」
It describes the audit and supervisory committee system and a monitoring framework including outside directors as its governance policy for improving management transparency and speed.