Increase in Outside Directors and Strengthening of Oversight Function
First written in FY2016. 3 of 6 entries say "Advanced", first in FY2023. Latest entry: FY2026.
35 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As of the date of submission of the Annual Securities Report, the Audit and Supervisory Committee consists of 7 directors serving as Audit and Supervisory Committee members, including 5 outside directors.」
The structure was expanded from the 4 outside directors listed for FY2023 to 5 outside directors and 7 Audit and Supervisory Committee members as of the submission date. - FY2023AdvancedAnnual report
「The Audit and Supervisory Committee consists of 5 members, 4 of whom are outside directors, and works to maintain sound management by ensuring transparency and fairness in management.」
As of the submission date, the Board of Directors comprises 9 members, including 4 outside directors, and 4 of the 5 Audit and Supervisory Committee members are outside directors. The structure has been expanded from the 3 outside directors listed previously. - FY2019SoftenedAnnual report
「As of the date of submission of the Annual Securities Report, the Board of Directors comprises 8 directors. The appointment of 3 outside directors is intended to strengthen the Board’s oversight function.」
As of the current submission date, 3 outside directors are listed. Although the stated number has decreased from the 4 listed previously, this filing does not explain the reason. - FY2016First statedAnnual report
「To strengthen the Board of Directors’ oversight function, we appointed outside directors in June 2011, then increased the number to 2 in 2013, 3 in 2015, and 4 in 2016.」
Alongside the separation of execution and oversight through the executive officer system, the number of outside directors was increased to 4.