Transition to a Company with an Audit and Supervisory Committee and Strengthening of Oversight
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「The company is a company with an Audit and Supervisory Committee in order to strengthen and enhance its corporate governance system. Directors who are Audit and Supervisory Committee members have voting rights at board meetings as members of the board. While performing audit functions, they improve the effectiveness of the board's oversight of the execution of duties, thereby enhancing the transparency and fairness of the board of directors. The company has also established a Nominating and Compensation Committee as an advisory body to the board of directors and is working to improve management transparency and fairness.」
The company continues to maintain a structure for improving oversight through its status as a company with an Audit and Supervisory Committee and oversight by Audit and Supervisory Committee members, and for improving transparency and fairness through the Nominating and Compensation Committee. - FY2022RestatedAnnual report
「The company is a company with an Audit and Supervisory Committee in order to strengthen and enhance its corporate governance system. Directors who are Audit and Supervisory Committee members have voting rights at board meetings as members of the board. While performing audit functions, they improve the effectiveness of the board's oversight of the execution of duties, thereby enhancing the transparency and fairness of the board of directors.」
The company continues to maintain a structure for improving oversight and transparency through its status as a company with an Audit and Supervisory Committee, the voting rights of Audit and Supervisory Committee members at board meetings, and the Nominating and Compensation Committee. - FY2020First statedAnnual report
「To further strengthen its corporate governance system, the company changed to a company with an Audit and Supervisory Committee at the conclusion of the 5th Annual General Meeting of Shareholders held on 25 February 2021.」
The company changed to a governance structure aimed at improving oversight, transparency and fairness through a board of directors including 3 directors who are Audit and Supervisory Committee members, outside directors, and a Nominating and Compensation Committee.