Strengthening Corporate Governance, Internal Control and Risk Management
First written in FY2016. 9 of 12 entries say "Advanced", first in FY2017. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The Board of Directors consists of 7 directors. The representative director is President and Representative Director Enda Hiroshi (遠田 比呂志). The chairman of the Board and director with a designated title is Taya Jun (田谷 純), who serves as chair. The other full-time directors are Suzuki Hiroshi (鈴木 裕史) and Nakamura Makoto (中村 信), and the company has appointed 3 outside directors: Nara Michihiro (奈良 道博), Yabe Kozo (矢部 耕三) and Asaka Kinuyo (浅香 衣世).」
The company discloses the structure of 7 directors, including 3 outside directors, previously presented in the prior filing, as the actual governance structure as of the filing date. - FY2025AdvancedAnnual report
「The company has proposed the appointment of 7 directors as an agenda item for the annual general meeting of shareholders. If the proposal is approved, the company will have 7 directors, including 3 outside directors.」
The company discloses a plan to expand the current structure of 6 directors, including 2 outside directors, to 7 directors, including 3 outside directors, subject to approval by the general meeting of shareholders. - FY2023AdvancedAnnual report
「To strengthen the supervisory function of directors and accelerate management decision-making, we changed the executive officer system that had been in place from 22 June 2023 and established the titles of president and executive officer, senior managing executive officer, managing executive officer and executive officer. Accordingly, the number of directors was reduced by 4, resulting in a structure of 6 directors, including 2 outside directors.」
As of 22 June 2023, the number of directors was reduced from 10 to 6, and the executive officer system was reorganized with designated officer titles. The company specifically discloses the separation and acceleration of supervisory functions and business execution. - FY2022RestatedAnnual report
「To strengthen the independence and objectivity of the Board of Directors' functions relating to the nomination and compensation of directors and further enhance corporate governance, we have established a Nomination and Compensation Advisory Committee as an advisory body to the Board of Directors. The Nomination and Compensation Advisory Committee consists of 3 or more members, at least half of whom are independent outside directors. In response to consultations from the Board of Directors, it deliberates on matters relating to the nomination and compensation of directors and others and submits recommendations to the Board of Directors.」
The company continues to disclose the Nomination and Compensation Advisory Committee, its composition requirements, including independent outside directors, and its function of submitting recommendations to the Board of Directors. - FY2021AdvancedAnnual report
「To strengthen the independence and objectivity of the Board of Directors' functions relating to the nomination and compensation of directors and further enhance corporate governance, we have established a Nomination and Compensation Advisory Committee as an advisory body to the Board of Directors. The Nomination and Compensation Advisory Committee consists of 3 or more members, at least half of whom are independent outside directors. In response to consultations from the Board of Directors, it deliberates on matters relating to the nomination and compensation of directors and others and submits recommendations to the Board of Directors.」
The company newly established a Nomination and Compensation Advisory Committee, specifying its composition requirements, including independent outside directors, and its function of submitting recommendations on nominations and compensation. - FY2020RestatedAnnual report
「We will steadily advance corporate governance, enhance the Group-wide internal control framework and implement multifaceted risk management.」
The company continues to address corporate governance, Group-wide internal controls and multifaceted risk management. It also discloses the structures of the Board of Directors, Audit & Supervisory Board, Audit Office and other bodies. - FY2019AdvancedAnnual report
「The Board of Directors meets in principle once a month and holds extraordinary meetings as necessary, deliberating on the status of business execution and deciding on matters prescribed by law, as well as the management strategy, medium- to long-term management policies and other important management matters of the company and the Group as a whole.」
The company discloses a specific governance framework, including monthly Board of Directors meetings, 11 directors, 2 outside directors, the Audit & Supervisory Board, the Executive Committee and the Management Planning Meeting. - FY2018AdvancedAnnual report
「We will steadily advance corporate governance, enhance the Group-wide internal control framework and implement multifaceted risk management.」
In addition to governance, internal controls and risk management, the company explicitly identifies appropriate compliance with the Corporate Governance Code as an issue and specifically discloses its framework, including the Audit Office, Compliance Office and various committees. - FY2017AdvancedAnnual report
「The Board of Directors consists of 10 directors, including 2 outside directors. It meets in principle once a month and holds extraordinary meetings as necessary, deliberating on the status of business execution and making decisions on matters prescribed by law and other important management matters.」
In addition to its corporate governance policy, the company specifically discloses the size of the Board of Directors, the composition of outside directors and the frequency of meetings. - FY2016First statedAnnual report
「We will thoroughly implement corporate governance, strengthen the internal control framework across the Group and promote multifaceted risk management.」
The company presents governance, Group-wide internal controls and risk management as an integrated set of measures.