Swift Decision-Making and Oversight by Outside Officers
First written in FY2016. 22 of 26 entries say "Advanced", first in FY2020. Latest entry: 2026-09-24.
The whole theme swung hardest in 2023: 15 of 102 companies on the "Worse" side.
58 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Following approval as originally proposed of the director election proposals at the 26th Annual General Meeting of Shareholders held on 29 June 2026, 5 of the 8 directors are now independent outside directors.」
As part of governance reform, a structure under which 5 of the 8 directors are independent outside directors was approved on 29 June 2026, increasing the proportion of outside oversight. Of the 6 Audit & Supervisory Board members, 3 are independent outside members and 3 are full-time members. - FY2026-H1AdvancedAnnual report
「On 13 November 2025, in response to the series of inappropriate accounting practices, the company established the Management Reform Committee as an advisory body to the Board of Directors to promote fundamental reform of its management control system and internal controls and formulate measures to prevent recurrence.」
The Management Reform Committee was established as an advisory body to the Board of Directors on 13 November 2025, adding a mechanism responsible for fundamental reform of the management control system and internal controls. - FY2025AdvancedAnnual report
「The Company has proposed “Election of 10 Directors” as an agenda item for the annual general meeting of shareholders scheduled for 26 June 2025. If the proposal is approved, the Company will have 10 directors, including 4 outside directors.」
The company has submitted a proposal to elect 10 directors, including 4 outside directors, presenting a specific plan to increase the proportion of outside directors. - FY2023AdvancedAnnual report
「On 4 August 2022, the Company established a voluntary Nomination and Compensation Committee as an advisory body to the Board of Directors.」
To strengthen the Board of Directors' oversight function, the company established the Nomination and Compensation Committee, including outside officers, in August 2022, thereby strengthening the independence, objectivity, and accountability of nomination and compensation decisions. - FY2020AdvancedAnnual report
「At the annual general meeting of shareholders held in June this year, the number of directors was reduced from 20 to 9 and the number of outside directors was increased from 2 to 3, raising the proportion of outside directors on the Board and strengthening its oversight function.」
As a governance reform, the Company reduced the number of directors from 20 to 9 and increased the number of outside directors from 2 to 3. - FY2018RestatedAnnual report
「We are a company with an audit and supervisory board, in which the Board of Directors makes important management decisions and supervises the execution of business operations, while the Audit & Supervisory Board audits the directors' execution of their duties, including by attending meetings of the Board of Directors and other important bodies.」
The company continues to combine rapid decision-making and oversight by the Board of Directors, Board of Corporate Auditors, Executive Management Committee and outside officers. - FY2017RestatedAnnual report
「The Company is a company with an audit and supervisory board, in which the Board of Directors makes important management decisions and supervises the execution of duties, while audit and supervisory board members audit the execution of directors' duties by attending the Board of Directors and other important meetings.」
The Company continues to operate a governance framework that combines the Board of Directors, statutory auditors, outside officers and the Executive Committee to achieve both swift decision-making and supervision and oversight. - FY2016First statedAnnual report
「We will strengthen corporate governance by establishing a management structure that enables sound management decision-making, appropriate and prompt execution of operations based on those decisions, and sufficient oversight and monitoring, while ensuring management transparency through broad information disclosure.」
The company describes a structure combining the Board of Directors, the Executive Committee, the Board of Corporate Auditors, and outside directors and outside corporate auditors to achieve both speed and oversight and transparency. Directors serve one-year terms.