Oversight and Auditing Leveraging the Expertise of Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2022. 1 of 2 entries say "Advanced", first in FY2023-H1. Latest entry: FY2023-H1.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2023-H1AdvancedAnnual report
「Appointment as an outside director of the Company (currently serving)」
There were changes among the officers, including the appointment of a new outside director, resulting in a specific update to the governance structure using outside directors and outside corporate auditors. - FY2022First statedAnnual report
「The Company has not established criteria or a policy regarding the independence of outside directors or outside corporate auditors from the Company. However, outside directors are appointed with the expectation that they will apply their extensive knowledge, experience and broad insight to oversight. Outside corporate auditors are appointed with the expectation that they will apply their high level of expertise, extensive knowledge and experience, and broad insight to audits.」
The company has 2 outside directors and 3 outside corporate auditors, and has stated its intention to use expertise in corporate management, securities markets, accounting and tax, and law in its oversight and audit functions.