Strengthening Internal Controls and Corporate Governance
First written in FY2019. 6 of 8 entries say "Advanced", first in FY2020. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「During the fiscal year, we held 4 meetings of the Nomination and Compensation Committee. Attendance by each director was as follows.」
The number of Nomination and Compensation Committee meetings increased from the previously disclosed 3 to 4. A management framework involving the Risk and Compliance Committee, risk owners and a risk assessment process was also disclosed. - FY2024AdvancedAnnual report
「During the fiscal year, we held 17 meetings of the Board of Directors. Attendance by each director was as follows.」
In addition to Board of Directors meetings and attendance records, the company disclosed that the Nomination and Compensation Committee held 3 meetings, providing specific details on the operation of its governance bodies. - FY2023AdvancedAnnual report
「During the fiscal year, we held a total of 15 meetings of the Audit and Supervisory Committee. Attendance by each Audit and Supervisory Committee member was as follows.」
The number of Audit and Supervisory Committee meetings increased from the previously disclosed 13 to 15, and a record of attendance by all members was disclosed. - FY2022AdvancedAnnual report
「During the fiscal year, the company held a total of 13 meetings of the Audit and Supervisory Committee. The attendance of each Audit and Supervisory Committee member was as follows.」
The governance structure, comprising the Nomination and Compensation Committee, Audit and Supervisory Committee, internal audit function and coordination with the accounting auditor, was specifically disclosed, along with its operating status, including 13 meetings of the Audit and Supervisory Committee during the fiscal year. - FY2022-Q1RestatedAnnual report
「From a governance perspective, we newly established a Nomination and Compensation Committee to strengthen the fairness, transparency and objectivity of procedures concerning the nomination and compensation of directors and others, thereby further enhancing our corporate governance system.」
The establishment of the Nomination and Compensation Committee and the strengthening of fairness, transparency and objectivity in nomination and compensation procedures continue to be disclosed. - FY2021AdvancedAnnual report
「In addition, we have established a Nomination and Compensation Committee under the Board of Directors, composed of independent outside directors, to consider particularly important matters such as nominations and compensation.」
A Nomination and Compensation Committee composed of independent outside directors was established, specifying the framework for considering the nomination and compensation of officers. - FY2020AdvancedAnnual report
「As corporate bodies, we have established a Board of Directors, an Audit and Supervisory Committee and an accounting auditor, and have also introduced an executive officer system. The Board of Directors consists of 7 directors, including 3 outside directors. The Audit and Supervisory Committee consists of 4 members: 1 full-time Audit and Supervisory Committee member and 3 outside directors.」
The structure and membership of the Board of Directors, Audit and Supervisory Committee, executive officer system and internal audit function were specifically disclosed, together with details of the operation of the internal management system. - FY2019First statedAnnual report
「To maximize corporate value, we regard enhancing corporate governance as an important management issue and have implemented various measures. To ensure the proper conduct of operations and the reliability of financial reporting, we will further develop our systems and strengthen their operation so that the related internal controls function effectively.」
The development and stronger operation of internal controls, risk management, compliance and audit systems are identified as important management issues.