Dual Oversight and Audit Structure Involving Outside Officers and the Board of Corporate Auditors
First written in FY2021. 6 of 9 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2023: 13 of 105 companies on the "Worse" side.
55 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Board of Directors consists of 3 directors, excluding directors who are Audit and Supervisory Committee members, and 4 directors who are Audit and Supervisory Committee members.」
The company has disclosed a structure with 4 directors serving as Audit and Supervisory Committee members and has invited Shonami Nobuaki (長南 伸明), who holds a certified public accountant qualification, to serve as an Audit and Supervisory Committee member. - FY2025AdvancedAnnual report
「During the fiscal year, the company held 14 Audit and Supervisory Committee meetings, and attendance by the Audit and Supervisory Committee members was as follows.」
Since changing to a company with an Audit and Supervisory Committee, the company has held 14 Audit and Supervisory Committee meetings during the fiscal year and operates supervision and audits by the Audit and Supervisory Committee covering the Board of Directors, subsidiaries and internal controls. - FY2023AdvancedAnnual report
「We changed from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee on 26 June 2022.」
Since changing to a company with an Audit and Supervisory Committee, the company has held 10 Audit and Supervisory Committee meetings during the fiscal year and operates a system of supervision and audits by 3 Audit and Supervisory Committee members, all of whom are outside directors. - FY2022ReframedAnnual report
「To ensure transparency in decision-making and agility in the execution of business, we have adopted a company-with-company-auditors structure that provides dual oversight through supervision by the Board of Directors and audits by the company auditors and the Board of Company Auditors. As part of this initiative, we changed from a company with a Board of Company Auditors to a company with an Audit and Supervisory Committee on 26 June 2022.」
The company changed from the former company-with-company-auditors structure to a company with an Audit and Supervisory Committee, with 3 directors who are Audit and Supervisory Committee members serving as members of the Board of Directors. - FY2021First statedAnnual report
「To ensure transparency in decision-making and agility in the execution of business, we have adopted a company-with-company-auditors structure that provides dual oversight through supervision by the Board of Directors and audits by the company auditors and the Board of Company Auditors.」
The company expressly identifies the dual oversight provided by supervision from the Board of Directors and audits by the Board of Company Auditors as the foundation of its governance structure. As of the filing date, it has 3 outside directors and 3 outside company auditors.