Strengthening Corporate Governance and Internal Control
First written in FY2016. 2 of 6 entries say "Advanced", first in FY2017. Latest entry: FY2025.
Otsuka Holdings moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
5 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Effective 1 January 2026, we changed the composition of the Corporate Governance Committee and the Nomination and Compensation Committee, removing the director responsible for general affairs from the inside directors. We also changed the selection of the chair of the Corporate Governance Committee from the president to a system under which the chair is elected from among the outside directors.」
The Corporate Governance Committee changed to a structure that excludes inside directors from its membership and selects the chair from among the outside directors. - FY2024RestatedAnnual report
「As an advisory body to the Board of Directors, the committee discusses succession plans for the president and other senior executives, the development of management talent, and other management issues facing our group, and submits recommendations to the Board of Directors as necessary.」
The governance framework comprising the Corporate Governance Committee, the Nomination and Compensation Committee, the Board of Audit & Supervisory Board Members, and the Internal Audit and Internal Control Departments continues. - FY2023AdvancedAnnual report
「Since April 2023, we have established the Nomination and Compensation Committee as a subcommittee of the Corporate Governance Committee.」
In addition to the existing Corporate Governance Committee, the Nomination and Compensation Committee was established in April 2023, formalizing a framework for deliberating and deciding on matters including the president’s evaluation, the appointment and dismissal of officers, and director compensation. - FY2022RestatedAnnual report
「We have established the Corporate Governance Guidelines, which set out our basic policy on corporate governance.」
The governance framework comprising the Corporate Governance Guidelines, the Board of Directors including outside directors, the Corporate Governance Committee, the Board of Audit & Supervisory Board Members, and the Internal Audit and Internal Control Departments continues. - FY2017AdvancedAnnual report
「On 15 March 2017, we also revised the Corporate Governance Guidelines and established the Corporate Governance Committee as an advisory body to the Board of Directors. The committee deliberates on the nomination of directors and audit & supervisory board members, director compensation and other measures to enhance the corporate governance framework, and submits recommendations to the Board of Directors.」
The Corporate Governance Guidelines were revised and a Corporate Governance Committee comprising the president, the director responsible for general affairs and all outside directors was established. - FY2016First statedAnnual report
「Our basic policy is to realize sustainable, medium- to long-term growth in corporate value through the practice of our corporate philosophy, “Otsuka—people creating new products for better health worldwide” (creating innovative products that contribute to the health of people worldwide), by making decisions swiftly while maintaining transparency and fairness, responding to the trust of all stakeholders, including customers, business partners, employees, local communities and shareholders, through dialogue, and fulfilling our social responsibilities.」
The governance framework comprising the Corporate Governance Guidelines, outside directors, the Corporate Governance Committee, and the Internal Audit and Internal Control Departments is described as a new theme.