Oversight framework involving the Board of Directors, Board of Corporate Auditors and Internal Audit Office
First written in FY2017. 6 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2026.
61 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a body equivalent to the Board of Directors, the company holds a management meeting in principle once a week. It comprises 2 directors, 4 executive officers, 1 full-time corporate auditor and employees appointed by the representative director, president and executive officer. The meeting discusses and deliberates on matters concerning management and business operations and is structured to enable company-wide coordination and responses.」
The company disclosed the operation of a management meeting comprising directors, executive officers, full-time corporate auditors and others, held in principle every week. - FY2024AdvancedAnnual report
「During the fiscal year, the company held Board of Directors meetings in principle once a month and extraordinary meetings as necessary.」
The Board of Directors met 13 times during the fiscal year, while the Nomination and Compensation Committee met 3 times. The company provided specific details on the operation of its oversight and compensation deliberation processes. - FY2023AdvancedAnnual report
「As part of efforts to strengthen corporate governance, we established a Nomination and Compensation Committee. The committee comprises 6 members, at least half of whom are outside officers, and serves as a body that deliberates on officer appointments, compensation systems and other matters to strengthen transparency and objectivity in management.」
In May 2022, the company established a Nomination and Compensation Committee comprising 6 members, at least half of whom are outside officers, to deliberate on officer appointments and compensation. - FY2022AdvancedAnnual report
「The Board of Directors comprises 4 directors, including 2 outside directors, and 3 corporate auditors, including 2 outside corporate auditors. It establishes the annual management plan, clarifies the goals to be achieved by the company and sets performance targets for each division, with progress reported to the Board of Directors and other bodies. Under the Board of Directors Regulations, regular meetings are held once a month in principle, with extraordinary meetings held as needed. During the fiscal year, the Board of Directors met 13 times.」
The company specified the composition of the Board of Directors, including 2 outside directors, progress management for annual and divisional targets, and oversight operations including 13 Board of Directors meetings. - FY2021AdvancedAnnual report
「The Board of Directors comprises 7 directors, including 1 outside director, and 3 corporate auditors, including 2 outside corporate auditors. It establishes the annual management plan, clarifies the goals to be achieved by the company and sets performance targets for each division, with progress reported to the Board of Directors and other bodies. …During the fiscal year, the Board of Directors met 13 times.」
The company specifically disclosed the status of oversight operations, including progress management for annual and divisional targets and 13 Board of Directors meetings. - FY2019AdvancedAnnual report
「We have established a management meeting as a body equivalent to the Board of Directors. The management meeting comprises directors, full-time corporate auditors and employees appointed by the representative director and president. It discusses and deliberates on matters concerning management and business operations and is structured to enable company-wide coordination and responses.」
In addition to the Board of Directors, Board of Corporate Auditors and Internal Audit Office, the company disclosed a company-wide coordination and deliberation structure involving the management meeting, a body equivalent to the Board of Directors. - FY2017First statedAnnual report
「As corporate bodies, we have established a Board of Directors, Board of Corporate Auditors and accounting auditor. We have also established an Internal Audit Office to monitor operations on a day-to-day basis, and ensure soundness and efficiency in management through coordination among these bodies.」
The company disclosed a supervisory structure based on coordination among the Board of Directors, Board of Corporate Auditors, accounting auditor and Internal Audit Office. The Board of Directors comprises 7 members and the Board of Corporate Auditors comprises 3 members.