Decision-Making and Oversight Through the Board of Directors, Audit & Supervisory Board, and Executive Officer System
First written in FY2017. 3 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2025.
9 other companies' latest entry also says "Other".
- FY2025Changes in board composition and disclosure of meeting recordsAnnual report
「The board comprises 6 directors, including 2 outside directors, and in principle holds regular meetings once a month as well as extraordinary meetings as necessary.」
The company describes a composition of 6 directors, including 2 outside directors, changed from the 8 directors, including 3 outside directors, disclosed in the previous fiscal year. The system of regular board meetings and supervision of the execution of duties continues. - FY2024AdvancedAnnual report
「The board comprises 8 directors, including 3 outside directors, and in principle holds regular meetings once a month as well as extraordinary meetings as necessary.」
The board composition changed to 8 directors, including 3 outside directors, and the company specifically disclosed the decision-making and supervisory structure involving the board of directors, executive management committee and various committees. - FY2021AdvancedAnnual report
「The company has divided responsibilities between the representative director, president and chief executive officer (CEO), who oversees overall management, including decisions on management policies, and the representative director, executive vice president and chief operating officer (COO), who oversees the execution of duties based on management policies. It has established the governance bodies described below to improve management efficiency and strengthen its corporate governance structure. / The board comprises 7 directors, including 2 outside directors, and in principle holds regular meetings once a month as well as extraordinary meetings as necessary.」
The company specifically describes the division of responsibilities between the CEO and COO, a board composition of 7 directors including 2 outside directors, and the meeting records of the various governance bodies. - FY2020AdvancedAnnual report
「The board of directors was established to make management decisions swiftly, decide matters prescribed by laws and regulations and other management matters, and supervise the execution of duties. It comprises 7 directors, including 2 outside directors, and in principle holds regular meetings once a month as well as extraordinary meetings as necessary.」
The company specified a board composition of 7 directors, including 2 outside directors, and described the decision-making and supervisory structure involving monthly board meetings, the board of corporate auditors and the executive management committee, among others. - FY2018RestatedAnnual report
「As of 27 April 2018, the board of directors comprised 11 directors, including 1 independent outside director, establishing an effective supervisory structure for the directors. / The board of corporate auditors comprised 3 members: 1 full-time corporate auditor and 2 outside corporate auditors. / The company introduced an executive officer system in 2003 to clarify executive responsibilities.」
The company continues to describe the decision-making and supervisory structure provided by the board of directors, board of corporate auditors and executive officer system, together with the specific number of officers. - FY2017First statedAnnual report
「The company is a company with a board of directors and a board of corporate auditors, and determines the number of board members with the aim of speeding up and ensuring the fairness of decision-making. In addition, it introduced an executive officer system in 2003 to clarify executive responsibilities. / In principle, the board of directors meets regularly once a month, as well as holding extraordinary meetings as necessary, to decide matters prescribed by laws and regulations and other management matters and to supervise the execution of duties.」
The company describes a structure for speeding up and ensuring the fairness of decision-making, clarifying executive responsibilities and supervising the execution of duties through the board of directors, board of corporate auditors and executive officer system.