Transition to a Company with an Audit and Supervisory Committee and Use of Outside Directors
First written in FY2016. 11 of 17 entries say "Restated". Latest entry: FY2026.
- FY2026AdvancedAnnual report
「If the proposal is approved, the company is expected to have 7 directors who are not Audit and Supervisory Committee members, including 3 outside directors, and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors.」
The company disclosed plans to maintain the Company with an Audit and Supervisory Committee framework and have a Board of Directors comprising 7 directors who are not Audit and Supervisory Committee members and 3 Audit and Supervisory Committee members. It also identified Nara Hisashi (奈良 寿) of Yokogawa Electric as a candidate for outside director. - 2026-06-02AdvancedGeneral Meetings of Shareholders
「All 7 directors, excluding directors who are Audit and Supervisory Committee members, will reach the end of their terms. Accordingly, we are asking shareholders to re-elect all 7 directors, excluding directors who are Audit and Supervisory Committee members.」
The Company proposed the election of 7 directors, including outside and independent director candidates, while maintaining its structure as a company with an Audit and Supervisory Committee. - FY2025AdvancedAnnual report
「The company has proposed, as agenda items for approval at the Annual General Meeting of Shareholders scheduled for 24 June 2025, the election of 7 directors who are not Audit and Supervisory Committee members and the election of 3 directors who are Audit and Supervisory Committee members. If these proposals are approved, the company is expected to have 7 directors who are not Audit and Supervisory Committee members, including 3 outside directors, and 3 directors who are Audit and Supervisory Committee members, including 2 outside directors.」
The company disclosed plans to maintain the Company with an Audit and Supervisory Committee framework and, after the Annual General Meeting of Shareholders, have 7 directors who are not Audit and Supervisory Committee members, including 3 outside directors, and 3 Audit and Supervisory Committee members, including 2 outside directors. - FY2022RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to strengthen the audit and oversight functions of the Board of Directors and directors, further strengthen corporate governance, and thereby enhance corporate value over the medium to long term.」
The company continues to be a Company with an Audit and Supervisory Committee and describes a framework for audit and oversight, transparency and prompt decision-making, including a policy of having independent outside directors account for at least one-third of all directors. - FY2020-Q3RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to strengthen the Board of Directors' audit and oversight functions and corporate governance, and thereby enhance corporate value over the medium to long term. For this purpose, it has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to have a Company with an Audit and Supervisory Committee structure and has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members. - FY2020-Q2RestatedAnnual report
「For this purpose, the company has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to have a Company with an Audit and Supervisory Committee structure and has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members. - FY2019RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to strengthen the audit and oversight functions of the Board of Directors and directors, further strengthen corporate governance, and thereby enhance corporate value over the medium to long term.」
The company continues to be a Company with an Audit and Supervisory Committee and has appointed 5 outside directors, including 2 outside directors who are Audit and Supervisory Committee members. - FY2019-Q3RestatedAnnual report
「For this purpose, the company has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to have a Company with an Audit and Supervisory Committee structure and has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members. - FY2019-Q2AdvancedAnnual report
「For this purpose, the company has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to have a Company with an Audit and Supervisory Committee structure and has appointed 5 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members. - FY2018AdvancedAnnual report
「The company has 5 outside directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to have a Company with an Audit and Supervisory Committee structure and has appointed 5 outside directors, including 2 outside directors who are Audit and Supervisory Committee members. - FY2018-Q3RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to strengthen the Board of Directors' audit and oversight functions and corporate governance, and thereby enhance corporate value over the medium to long term. For this purpose, it has appointed 4 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to state that it has a Company with an Audit and Supervisory Committee structure and 4 independent outside directors out of a total of 11 directors. - FY2018-Q2RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to strengthen the Board of Directors' audit and oversight functions and corporate governance, and thereby enhance corporate value over the medium to long term. For this purpose, it has appointed 4 independent outside directors out of a total of 11 directors, including 2 outside directors who are Audit and Supervisory Committee members.」
The company continues to state that it has a Company with an Audit and Supervisory Committee structure and 4 independent outside directors out of a total of 11 directors. - FY2018-Q1RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to further strengthen corporate governance, including the Board of Directors' audit and oversight functions, and, through this, enhance corporate value over the medium to long term.」
The company continues to adopt a Company with an Audit and Supervisory Committee structure. In this disclosure, 4 of the 11 directors are independent outside directors, including 2 Audit and Supervisory Committee members. - FY2017-Q3RestatedAnnual report
「The company has appointed 5 independent outside directors out of a total of 15 directors, including 2 outside directors who are Audit and Supervisory Committee members, and has established a Corporate Governance Committee to deliberate and provide advice on strengthening the corporate governance structure, the selection of director candidates and other matters, and the compensation structure.」
The company continues to state that it has a Company with an Audit and Supervisory Committee structure, has appointed 5 independent outside directors, and has established a Corporate Governance Committee. - FY2017-Q2RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to further strengthen corporate governance, including the Board of Directors' audit and oversight functions, and, through this, enhance corporate value over the medium to long term.」
The company continues to adopt a Company with an Audit and Supervisory Committee structure to strengthen governance and enhance corporate value over the medium to long term. - FY2017-Q1RestatedAnnual report
「The company has adopted a Company with an Audit and Supervisory Committee structure to further strengthen corporate governance and, through this, enhance corporate value over the medium to long term.」
The company continues to state that it has adopted a Company with an Audit and Supervisory Committee structure. - FY2016AdvancedAnnual report
「For the purposes of strengthening the Board of Directors' audit and oversight functions, improving management transparency and objectivity, and speeding up decision-making, the company changed from a Company with a Board of Corporate Auditors to a Company with an Audit and Supervisory Committee, with the approval of the resolutions at the 100th Annual General Meeting of Shareholders held on 24 June 2015.」
The transition to a Company with an Audit and Supervisory Committee has been completed. Of the 15 directors, 5 are independent outside directors.