Transparency, Fairness and Faster Decision-Making
First written in FY2016. 6 of 10 entries say "Restated". Latest entry: 2026-08-26.
- 2026-08-26RestatedGovernance
「Board of Directors」
The corporate governance structure chart reiterates a decision-making and oversight structure centered on the Board of Directors. - FY2025RestatedAnnual report
「Based on this approach, the company is implementing measures including: (i) important decisions and supervision of duties by the Board of Directors; (ii) faster decision-making through a management control structure covering the group as a whole; (iii) audits of directors' execution of duties by the Audit and Supervisory Committee; (iv) internal audits conducted by the Internal Audit Office directly reporting to the president; (v) establishing an organization to promote on an integrated, company-wide basis the securing of product and service safety, quality assurance, environmental initiatives and legal compliance, which are responsibilities of a chemical manufacturer; (vi) establishing a Compliance Committee and Risk Management Committee and developing risk management and subsidiary management regulations; and (vii) establishing voluntary nomination and compensation committees.」
The company continues to maintain a governance structure combining the Board of Directors, Audit and Supervisory Committee, internal audits, group management and various committees. - FY2023RestatedAnnual report
「Based on this approach, the company is implementing measures including: (i) important decisions and supervision of duties by the Board of Directors; (ii) faster decision-making through a management control structure covering the group as a whole; (iii) audits of directors' execution of duties by the Audit and Supervisory Committee; (iv) internal audits conducted by the Internal Audit Office directly reporting to the president; (v) establishing an organization to promote on an integrated, company-wide basis the securing of product and service safety, quality assurance, environmental initiatives and legal compliance, which are responsibilities of a chemical manufacturer; (vi) establishing a Compliance Committee and Risk Management Committee and developing risk management and subsidiary management regulations; and (vii) establishing voluntary nomination and compensation committees.」
The company continues to maintain a governance structure combining the Board of Directors, Audit and Supervisory Committee, internal audits, group management and various committees. - FY2022RestatedAnnual report
「Based on this approach: (i) important decisions and supervision of duties by the Board of Directors; (ii) faster decision-making through a management control structure covering the group as a whole; (iii) audits of directors' execution of duties by Audit and Supervisory Committee members; and (iv) internal audits conducted by the Internal Audit Office directly reporting to the president,」
The company continues to ensure transparency and speed through the Board of Directors, group management control, the Audit and Supervisory Committee and internal audits. - FY2022-Q2RestatedAnnual report
「We have set the cultivation of existing fields and development of new fields, acceleration of global expansion, stronger group governance, and promotion of diverse talent as our basic strategies, and are pursuing various initiatives aimed at reaching a new growth stage.」
Under Vision2030, the company continues to identify “strengthening group governance” as a core strategy concerning governance. - FY2022-Q1ReframedAnnual report
「We have adopted strengthening Group governance as a basic strategy and are promoting various initiatives aimed at reaching a new stage of growth.」
The Third Medium-Term Management Plan's previous wording of governance reform and faster decision-making was reorganized in Vision2030 as strengthening group governance. - FY2020RestatedAnnual report
「As one of the priority measures in the Third Medium-Term Management Plan formulated last year, the company has identified “governance reform” and is working to establish a management control structure aligned with the Corporate Governance Code.」
The company continues to pursue governance reform, faster decision-making and more efficient management as priority measures under the Third Medium-Term Management Plan. - FY2019AdvancedAnnual report
「On 27 June 2019, the company introduced an executive officer system to separate management decision-making and supervisory functions from business execution functions, with the aim of accelerating decision-making, improving management efficiency and clarifying responsibility for business execution.」
The company introduced an executive officer system and advanced the separation of decision-making and supervisory functions from business execution functions, as well as the clarification of responsibilities. - FY2017AdvancedAnnual report
「By resolution of the 132nd Annual General Meeting of Shareholders held on 29 June 2017, the company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. …By enhancing the Board of Directors' audit and supervisory functions, the company will further strengthen corporate governance and enhance corporate value.」
The company changed from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee, moving to a structure designed to strengthen its audit and supervisory functions. - FY2016First statedAnnual report
「While ensuring transparency and fairness, we will promote more efficient management, including faster decision-making, respond nimbly to changes in the business environment and markets, and work to improve business performance.」
The company identifies transparency and fairness, rapid decision-making, internal controls and enhancement of corporate value as corporate governance priorities.