Strengthening the Corporate Governance Framework and Ensuring Transparency
First written in FY2020. 2 of 4 entries say "Advanced", first in FY2024. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Through this transition, together with an executive officer system designed to ensure the efficient execution of duties, the company will establish a framework under which some decisions on important business execution are delegated to the executive side. It will strengthen its management and business execution framework with the aim of achieving sustainable growth through business transformation and enhancement that accurately captures the rapidly changing market environment.」
The company is operating the structure of a company with an Audit and Supervisory Committee, to which it changed in March 2025, and has established a framework for delegating some decisions on important business execution to the executive side. It states that 3 of the 9 directors are outside directors and that the number is scheduled to increase to 4 after the Ordinary General Meeting of Shareholders in March 2026. - FY2024AdvancedAnnual report
「The company determined that a structure comprising Audit and Supervisory Committee members, who have audit and supervisory functions and voting rights at the Board of Directors, together with a highly independent Audit and Supervisory Committee in which outside directors constitute a majority, would be effective in further strengthening the Board of Directors' supervisory function and corporate governance. Following approval at the Ordinary General Meeting of Shareholders held on 19 March 2025 of amendments to the Articles of Incorporation providing for the transition to a company with an Audit and Supervisory Committee, the company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee on that date.」
On 19 March 2025, the company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, implementing specific governance changes to strengthen audit and supervisory functions, including those of outside directors. - FY2021RestatedAnnual report
「The company believes that effective corporate governance is essential to continuously increasing corporate value. Under its policy that a sound corporate foundation is what enables a company to develop and grow, it regards strengthening and enhancing its corporate governance framework as one of its important management priorities.」
The company continues to disclose its policy of ensuring a governance framework and transparency through outside directors, outside corporate auditors, the internal audit office, the compliance committee and other bodies. - FY2020First statedAnnual report
「The company believes that effective corporate governance is essential to continuously increasing corporate value. Under its policy that a sound corporate foundation is what enables a company to develop and grow, it regards strengthening and enhancing its corporate governance framework as one of its important management priorities.」
Regarding corporate governance following the listing, the company states a policy of strengthening its framework, including outside directors, outside corporate auditors, the internal audit office and the compliance committee, and providing prompt and appropriate disclosure of information.