Strengthening Corporate Governance and Internal Control Systems
First written in FY2016. 7 of 14 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「In the fiscal year ending March 2026, we conducted an evaluation using a questionnaire administered by an external organisation to all directors and audit & supervisory board members, with the aim of further enhancing the objectivity and transparency of the evaluation.」
We introduced a questionnaire administered by an external organisation into the board effectiveness evaluation. The evaluation identified discussions on profitability, capital efficiency and value creation, the organisation of issues for discussion, and the functions of the board secretariat as areas for improvement. In addition, the basic policy for developing internal control systems was revised in April 2026. - FY2025AdvancedAnnual report
「As part of formulating the medium-term plan for DK-One Next, the board of directors discussed specific initiatives to improve ROIC.」
Regarding the cost of capital and capital efficiency identified as issues in the previous fiscal year’s effectiveness evaluation, the board of directors discussed specific measures to improve ROIC when formulating the medium-term plan. In addition, the basic policy for developing internal control systems was most recently revised in April 2024. - FY2024Quantitative targets and ROIC discussions identified as improvement priorities in the board effectiveness evaluationAnnual report
「During the formulation of the medium-term and annual management plans, the board of directors should discuss the plans from the formulation stage, incorporating opinions from diverse perspectives.」
The board effectiveness evaluation identified as areas for improvement the need to make the quantitative metrics and targets for key measures in the medium-term management plan more specific, and to discuss earnings plans that take the cost of capital into account and ways to improve ROIC. - FY2024AchievedAnnual report
「The nomination committee and compensation committee were consolidated into a nomination and compensation committee beginning in the fiscal year ending March 2024.」
We confirmed that the planned consolidation effective 1 July 2023, disclosed in the previous fiscal year, was implemented as part of the framework for the fiscal year ending March 2024. - FY2023Committees scheduled to be consolidatedAnnual report
「The nomination committee and compensation committee will be consolidated into a nomination and compensation committee effective 1 July 2023 to improve the efficiency of the committees’ operations.」
We disclosed a policy to consolidate the nomination committee and compensation committee into a nomination and compensation committee effective 1 July 2023. - FY2022AdvancedAnnual report
「At a meeting of the board of directors in April 2006, we adopted a basic policy for developing internal control systems under the Companies Act, most recently revised in March 2022, and continue to develop our internal control systems based on this policy.」
The basic policy for developing internal control systems was most recently revised in March 2022. We continue to maintain a framework that includes the nomination, compensation and governance committees, the executive officer system and the risk management committee. - FY2021AdvancedAnnual report
「We have introduced an executive officer system to clarify responsibility for the execution of operations and to improve operational efficiency and speed up decision-making by exercising delegated authority.」
In addition to the nomination, compensation and governance committees, we described the introduction of an executive officer system aimed at improving operational efficiency and speeding up decision-making. - FY2020AdvancedAnnual report
「In addition, to further strengthen the functions of corporate governance, beginning in the 64th fiscal year we established a nomination committee, a compensation committee and a governance committee to nominate candidates for directors and audit & supervisory board members, determine director compensation, and pursue the continuing enhancement of corporate governance, with the aim of enhancing the objectivity, transparency and fairness of the board of directors. The committees will deliberate on the suitability of candidates, the policy for determining director compensation, the desired form of corporate governance and other matters, and submit recommendations to the board of directors.」
In addition to the existing nomination and compensation committees, we established a governance committee and expanded the governance framework, including its function of submitting recommendations to the board of directors. - FY2019AdvancedAnnual report
「Beginning in the 64th fiscal year, we established a nomination committee and a compensation committee for the nomination of candidates for directors and audit & supervisory board members and the determination of director compensation, with the aim of enhancing the objectivity, transparency and fairness of the board of directors. The committees will provide advice and other input on the suitability of candidates and the policy for determining director compensation.」
Beginning in the 64th fiscal year, we established a nomination committee and a compensation committee, adding a framework to enhance the objectivity, transparency and fairness of the board of directors. - FY2018RestatedAnnual report
「We will continue to engage in dialogue with stakeholders and work to strengthen corporate governance and our internal management systems.」
We continue to pursue a policy that places importance on corporate governance, internal controls, the risk management committee, the internal whistleblowing system and transparency in financial reporting. - FY2017RestatedAnnual report
「We will continue to engage in dialogue with stakeholders and work to strengthen corporate governance and our internal management systems.」
We continue to pursue a policy of strengthening corporate governance and internal management systems, including outside officers, the audit & supervisory board, the internal audit office, the risk management committee and the internal whistleblowing system. - FY2016First statedAnnual report
「We will continue to engage in dialogue with stakeholders and work to strengthen corporate governance and our internal management systems.」
An ongoing policy that places importance on soundness, management efficiency, transparency in financial reporting and disclosure.