Documenting Independence Criteria for Outside Directors and Outside Audit & Supervisory Board Members
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: 2026-03-10.
29 other companies' latest entry also says "Restated".
- 2026-03-10RestatedGovernance
「In addition, because the individual meets neither the Company's Standards for the Independence of Outside Officers nor the independence standards prescribed by the Tokyo Stock Exchange, and there is no risk of a conflict of interest with general shareholders, the individual has been designated as an independent officer.」
For 4 outside directors, the Company stated that their failure to fall under either the Company's independence standards or the Tokyo Stock Exchange's independence standards was the reason for their appointment. - FY2021First statedAnnual report
「To ensure the objectivity and transparency required for proper corporate governance, the Company believes that outside directors and outside audit & supervisory board members should be as independent as possible. It has therefore established the following independence standards for outside officers and candidates for such positions, and considers an outside officer not to have sufficient independence from the Company if the officer falls under any of the following categories.」
Formalizes independence standards excluding, among others, Group executives, major shareholders, major business partners, major lenders, audit-firm personnel, recipients of substantial compensation or donations and persons with reciprocal appointment relationships.