Development of Corporate Governance and Internal Control Systems
First written in FY2018. 11 of 12 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2026.
73 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We are a company with an audit & supervisory board and have 8 directors, including 4 outside directors, and 3 audit & supervisory board members, including 2 outside audit & supervisory board members.」
It describes a structure with 4 outside directors among the 8 directors and an expanded governance structure including outside directors. The operation of the Nomination and Compensation Committee, internal audit, Risk Management Committee and other bodies has also continued. - FY2025AdvancedAnnual report
「The Nomination and Compensation Committee discussed the selection of candidates for directors and audit & supervisory board members, the development of candidates for senior management, the compensation of directors and executive officers, and governance in general.」
After its establishment, the Nomination and Compensation Committee has operated as a body that actually deliberates on the selection of candidates for officers, the development of candidates for senior management and governance in general, rather than merely explaining the system. - FY2024-Q3AdvancedAnnual report
「Representative Director and President; in charge of the Innovation Business and DX and Regional Co-creation Business; Kamahara Yasushi (蒲原 寧); 1 November 2023」
Following the retirement of the Senior Managing Director, the Representative Director and President's responsibilities changed to include the Innovation Business and the DX and Regional Co-creation Business, resulting in a change to the business oversight structure. - FY2023AdvancedAnnual report
「We are a company with an audit & supervisory board and have 7 directors, including 3 outside directors, and 3 audit & supervisory board members, including 2 outside audit & supervisory board members.」
It describes a governance structure in which the number of outside directors increased from 2 to 3, including 2 outside audit & supervisory board members. It also discloses coordination with the Nomination and Compensation Committee and internal audit. - FY2021AdvancedAnnual report
「We have established a Nomination and Compensation Committee as a voluntary advisory body to the Board of Directors to strengthen the transparency, objectivity and accountability of the process for determining the nominations and compensation of directors, audit & supervisory board members and executive officers.」
In addition to the existing governance structure, the company has developed and disclosed details of the Nomination and Compensation Committee, the executive officer system and directors' and officers' liability insurance. The Nomination and Compensation Committee consists of 3 members, a majority of whom are outside directors. - FY2021-Q2AdvancedAnnual report
「Director in charge of General Affairs and Human Resources; Director and Deputy General Manager of the Financial and Public Solutions Business Division, in charge of risk management; Okui Yusuke (奥井 裕介); 1 June 2020」
Effective 1 June 2020, the director's area of responsibility changed from Deputy General Manager of the Financial and Public Solutions Business Division to oversight of General Affairs and Human Resources, while responsibility for risk management continued. - FY2020AdvancedAnnual report
「To ensure transparency and objectivity in the process for determining directors' compensation, we have established a voluntary Compensation Committee as an advisory body to the Board of Directors on executive compensation.」
It states that a voluntary Compensation Committee was newly established within the corporate governance structure to ensure transparency and objectivity in executive compensation. - FY2019AdvancedAnnual report
「We have 7 directors, including 2 outside directors, and 3 audit & supervisory board members, all 3 of whom are outside audit & supervisory board members. We have also established the Quality Management Department as an independent internal audit function reporting directly to the Representative Director and President, with 2 people assigned to it.」
It describes a governance structure including 2 outside directors and 3 outside audit & supervisory board members, as well as an internal audit department reporting directly to the president. It also details the operation of the Risk Management Committee, Compliance Promotion Committee and internal whistleblowing contact. - FY2019-Q2AdvancedAnnual report
「1 July 2018 Our director (currently in office) Director Kobayashi Hiroaki (小林 弘明) is an outside director.」
It states that Kobayashi Hiroaki (小林 弘明), who had held a position at a bank, became an outside director on 1 July 2018. - FY2018First statedAnnual report
「We regard thorough compliance with laws and regulations and the enhancement of corporate governance as important management issues, with the aim of becoming a company that steadily increases its corporate value and is trusted by stakeholders, including shareholders and business partners, as well as by society at large.」
It indicates the development of governance and internal controls through legal and regulatory compliance, outside officers, internal audits, the Compliance Promotion Committee, the Risk Management Committee and other measures.