Independent oversight and auditing by outside directors and outside corporate auditors
First written in FY2017. 4 of 6 entries say "Advanced", first in FY2019. Latest entry: FY2024.
The whole theme swung hardest in 2023: 13 of 105 companies on the "Worse" side.
- FY2024AdvancedAnnual report
「The Company has appointed 5 independent officers among the outside directors, including 3 women, 1 of whom is a foreign national, of whom 2 are directors serving as Audit and Supervisory Committee members.」
The number of independent officers increased from 4 in the previous disclosure to 5, comprising 3 women and 1 foreign national. - FY2023AdvancedAnnual report
「The Company's Board of Directors comprises 9 directors, including 4 independent officers among the outside directors, including 1 woman and 1 foreign national man.」
The number of independent outside directors increased from 3 in the previous disclosure to 4, explicitly demonstrating diversity on the Board, including women and a foreign national. - FY2020AdvancedAnnual report
「The Board of Directors comprises 8 directors, including 3 independent officers among the outside directors, one of whom is a woman and one of whom is a foreign national.」
The Company increased the number of independent outside directors from 2 to 3 and disclosed a Board composition including 1 woman and 1 foreign national. - FY2019AdvancedAnnual report
「The Board of Directors comprises 9 directors, including 3 highly independent outside directors designated as independent officers.」
The number of outside directors increased from 2 to 3, and the Company disclosed an independent officer structure together with 2 outside Audit & Supervisory Board members. - FY2018RestatedAnnual report
「The 2 outside directors and 2 outside Audit & Supervisory Board members have no personal, capital or business relationships, or other interests, with the Company that could give rise to conflicts of interest with the Company's general shareholders. The Company has designated each of them as an independent officer under the rules of the Tokyo Stock Exchange and notified the exchange accordingly.」
The Company reconfirms its supervision and audit framework comprising 2 outside directors and 2 outside Audit & Supervisory Board members serving as independent officers. - FY2017First statedAnnual report
「The 2 outside directors and 2 outside Audit & Supervisory Board members have no personal, capital or business relationships, or other interests, with the Company that could give rise to conflicts of interest with the Company's general shareholders. The Company has designated each of them as an independent officer under the rules of the Tokyo Stock Exchange and notified the exchange accordingly.」
The Company has designated 2 outside directors and 2 outside Audit & Supervisory Board members as independent officers and has established a supervision and audit framework involving coordination with the Board of Directors, Audit & Supervisory Board and accounting auditor.