Governance Frameworks of Listed Companies Emphasizing Transparency and Objectivity
First written in FY2021. 2 of 6 entries say "Advanced", first in FY2025. Latest entry: 2026-10-21.
24 other companies' latest entry also says "Advanced".
- 2026-10-21Advancednews.infoseek.co.jp
「Executive Officer and VPoE Kai Tetsuichi (開 哲一) is scheduled to become a director, COO and CAIO, overseeing the execution of operations related to the Company’s business and leading the use of AI across the Company.」
The executive structure changed from the previous structure to a specific plan involving the delegation of authority to the COO and CFO and the appointment of new officers. - FY2025AdvancedAnnual report
「The Company has submitted “Proposal for the Election of 1 Director” as an agenda item for approval at the Annual General Meeting of Shareholders scheduled for 27 November 2025. If the proposal is approved, the Board of Directors will comprise 6 directors, including 3 outside directors.」
The governance framework specifies a plan to increase the number of outside directors from 2 to 3. - FY2024RestatedAnnual report
「As corporate bodies under the Companies Act, the Company has established a General Meeting of Shareholders, Board of Directors, Audit & Supervisory Board and accounting auditor. It has also established a Compensation Committee, composed mainly of outside officers, as an advisory body to the Board of Directors, and an internal auditor to conduct internal audits.」
The governance framework continues to emphasize transparency and objectivity through the Board of Directors, Audit & Supervisory Board, Compensation Committee centered on outside officers, internal auditor and accounting auditor. - FY2023MitigatedAnnual report
「In the current fiscal year, in light of the internal-control deficiency involving expenses outside the budget in the fiscal year ended August 2022, we revised our rules governing duties and authority to tighten the approval process and authority, and reviewed internal meeting structures, with the aim of ensuring the appropriate use of expenses and thorough advance deliberation and application procedures.」
Under a governance policy emphasizing transparency and objectivity, measures are being implemented to address internal control deficiencies from the previous fiscal year, including revisions to regulations and a review of the relevant meeting structures. - FY2022WorsenedAnnual report
「In the fiscal year ended August 2022, amid efforts to achieve early business success and expand the scale of operations, a deficiency in internal control occurred whereby a substantial amount of advertising expenses was invested outside the budget without going through the process of sharing, discussing and approving the investment risk at a Board of Directors meeting, which should ordinarily have taken place.」
Under a governance policy emphasizing transparency and objectivity, an internal control deficiency involving a substantial unbudgeted investment in advertising and promotion expenses was identified, and measures to prevent recurrence are being developed. - FY2021First statedAnnual report
「To ensure transparency and objectivity in our business activities, we will develop a system for monitoring the execution of operations and make timely information disclosures.」
The Company has adopted an oversight and audit framework comprising the Board of Directors, Audit & Supervisory Board, Compensation Committee, Executive Officers’ Committee, Internal Audit Office and accounting auditor, with the aim of ensuring transparency, objectivity and swift execution of operations.