Strengthening Governance by Becoming a Company with an Audit and Supervisory Committee
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: 2026-06-24.
- 2026-06-24RestatedGovernance
「Board of Directors Executive Directors "3 directors" Audit and Supervisory Committee "3 Audit and Supervisory Committee members" (2 of whom are outside directors)」
The company reaffirmed the basic composition of the Board of Directors and the Audit and Supervisory Committee. It also presents, through the Board of Directors' skills matrix, directors' expertise in management and international business, marketing, R&D and industry, ESG and manufacturing, legal affairs and risk management, and finance and accounting. - FY2026Updated composition of outside directors and planned appointment of a woman directorAnnual report
「If this proposal is approved, the Company will have 6 directors, including directors who are audit and supervisory committee members, of whom 2 will be outside directors.」
While maintaining its status as a company with an audit and supervisory committee and the basic composition of the Board of Directors, the Company indicated a planned 6-member structure after the Annual General Meeting of Shareholders, including a female candidate for outside director. As of the submission date, all 6 directors were men, with no women, while the planned structure consists of 5 men and 1 woman, for a female representation rate of 16.7%. - FY2022RestatedAnnual report
「The Company operates as a company with an audit and supervisory committee. As of the date of submission of the Securities Report, the Board of Directors consists of 3 directors excluding directors who are audit and supervisory committee members, and 3 directors who are audit and supervisory committee members, including 2 outside directors. The Board of Directors meets in principle once a month, and holds extraordinary meetings as necessary.」
The Company continues to operate as a company with an audit and supervisory committee, reconfirming the composition of the Board of Directors as of the submission date and its policy of meeting in principle once a month. - FY2021Updated the composition of the Board of Directors of a company with an audit and supervisory committeeAnnual report
「The Company operates as a company with an audit and supervisory committee. As of the date of submission of the Securities Report, the Board of Directors consists of 3 directors excluding directors who are audit and supervisory committee members, and 3 directors who are audit and supervisory committee members, including 2 outside directors. The Board of Directors meets in principle once a month, and holds extraordinary meetings as necessary.」
The Company continues to operate as a company with an audit and supervisory committee and disclosed that, as of the submission date, the Board of Directors consisted of 3 executive directors and 3 audit and supervisory committee members, including 2 outside directors. - FY2019RestatedAnnual report
「The Company operates as a company with an audit and supervisory committee.」
The Company continues to operate under the corporate organizational structure of a company with an audit and supervisory committee. - FY2018RestatedAnnual report
「The Company recognizes that the fundamental purpose of corporate governance, and one of management’s most important priorities, is to strengthen the Board of Directors’ audit and supervisory functions, further enhance corporate governance, improve the soundness, efficiency and transparency of management, appropriately meet the expectations of shareholders and other stakeholders, and enhance corporate value.」
The Company continues to operate as a company with an audit and supervisory committee. The Board of Directors consists of 4 directors, while the Audit and Supervisory Committee consists of 3 audit and supervisory committee members, including 2 outside directors. - FY2017RestatedAnnual report
「The Company recognizes that the fundamental purpose of corporate governance, and one of management’s most important priorities, is to strengthen the Board of Directors’ audit and supervisory functions, further enhance corporate governance, improve the soundness, efficiency and transparency of management, appropriately meet the expectations of shareholders and other stakeholders, and enhance corporate value.」
The policy of strengthening governance following the change to a company with an audit and supervisory committee remains in place. The Board of Directors is responsible for supervising business execution, while the Audit and Supervisory Committee consists of 3 members, including 2 outside directors. - FY2016First statedAnnual report
「Following approval of amendments to part of the Articles of Incorporation at the 96th Annual General Meeting of Shareholders held on 24 June 2016, the Company changed from a company with a board of company auditors to a company with an Audit and Supervisory Committee, effective the same day.」
Changed the form of the corporate body to strengthen auditing and oversight and improve soundness, efficiency and transparency.